What does anticonduit mean?
Anticonduit means (finance) Prohibiting conduits..
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Pronunciation varies by accent · adjective
(finance) Prohibiting conduits..
A captive, located in a qualified treaty country with an anticonduit provision, may reinsure with another reinsurer located in a taxable country. Therefore the anticonduit provisions would be violated, and the exemption would be lost.
Use anticonduit when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Anticonduit means (finance) Prohibiting conduits..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
A captive, located in a qualified treaty country with an anticonduit provision, may reinsure with another reinsurer located in a taxable country. Therefore the anticonduit provisions would be violated, and the exemption would be lost.
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