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Meaning of troncmaster | Babel Free

Noun CEFR C1

Definitions

The person in charge of a tronc (pool of earnings).

Examples

“The troncmaster is responsible for operating pay-as-you-earn on all distributions from the tronc and is personally liable for tax which he fails to deduct […]”
“No NIC is payable on tips paid through a tronc if the above conditions are satisfied, therefore if the troncmaster operates independently of the employer, no NIC is payable […]”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

Troncoso Trondheim trondhjemite Trondra trone trone stone

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