Charitable Contribution

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Definition: Charitable Contribution

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What is the dictionary definition of Charitable Contribution?

Dictionary Definition

n. in taxation, a contribution to an organization which is officially created for charitable, religious, educational, scientific, artistic, literary, or other good works. Such contributions are deductible from gross income, and thus lower the taxes paid.

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Page URL
https://payrollheaven.com/define/charitable-contribution/
Modern Language Association (MLA):
Charitable Contribution. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 19, 2021 https://payrollheaven.com/define/charitable-contribution/.
Chicago Manual of Style (CMS):
Charitable Contribution. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/charitable-contribution/ (accessed: September 19, 2021).
American Psychological Association (APA):
Charitable Contribution. PayrollHeaven.com. Retrieved September 19, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/charitable-contribution/

Definition Sources

Definitions for Charitable Contribution are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.