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pass-through

1 of 2

noun

1
: the act, action, or process of offsetting increased costs by raising prices
2
: an opening in a wall between two rooms through which something (such as dishes) may be passed
3
US law : pass-through entity
They structured the business as a pass-through to enjoy more beneficial tax treatment.

pass-through

2 of 2

adjective

US law
: relating to or arising from a pass-through entity
pass-through income

Word History

First Known Use

Noun

1952, in the meaning defined at sense 1

Adjective

1972, in the meaning defined above

Time Traveler
The first known use of pass-through was in 1952

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