degressive

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Word: Degressive

Part of Speech: Adjective

Definition: The term "degressive" refers to something that gradually decreases or reduces over time. In a specific context, it often describes a type of tax system where the tax rate decreases as the amount being taxed goes up, meaning that lower amounts are taxed at higher rates, while higher amounts are taxed at lower rates.

Usage Instructions:

• Basic Usage: You can use "degressive" when talking about taxes, fees, or any situation where something decreases step by step.
• Example Sentence: "In a degressive tax system, someone earning a low income might pay a higher percentage of their earnings compared to someone with a much higher income."

Advanced Usage:

• In economics and finance, "degressive" can apply to various forms of payments or costs, such as fees for services or pricing structures in subscriptions.
• Example: "The company implemented a degressive pricing model to attract more customers, offering lower prices for bulk purchases."

Word Variants:

• Degressively (adverb): Describes how something decreases in a step-by-step manner.
  • Example: "The prices declined degressively as more items were purchased."
• Degressiveness (noun): The quality or state of being degressive.
  • Example: "The degressiveness of the tax system can lead to more equitable outcomes for low-income earners."

Different Meanings:

While "degressive" is primarily used in the context of taxes and finance, it can also describe any situation where something decreases gradually.

Synonyms:

• Decreasing
• Reducing
• Diminishing
• Descending

Idioms and Phrasal Verbs:

There aren't specific idioms or phrasal verbs that include the word "degressive," but you can use related phrases like "step down" or "scale back" to convey a similar idea of decreasing.

Summary:

To summarize, "degressive" is an adjective used mainly to describe a decreasing pattern, particularly in financial contexts like taxes.

Academic

Adjective

1. (of taxes) gradually decreasing in rate on sums below a certain amount
2. going down by steps