withholding
/wɪðˈhoʊldɪŋ/
noun
- The act of keeping something back or refusing to give it.
- Her withholding of affection made the relationship difficult.
- The company's withholding of payment led to a lawsuit.
- The withholding of evidence caused the trial to be delayed.
- The amount of money taken from a person's wages or salary by an employer for taxes or other deductions.
- He adjusted his withholding to avoid a large tax bill at the end of the year.
- The new employee filled out a form to update her withholding.
- Check your paycheck to see how much withholding is taken for federal taxes.
adjective
- Describing something that keeps back or deducts a portion, especially of income.
- The withholding policy applies to all freelance workers.
- She received a withholding notice from the bank about the loan payment.
- The withholding agent must report all deductions to the tax authority.