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franked
Definitions
[fraĆkt], (Adjective)
Definitions:
- (of a letter or parcel) stamped with an official mark to indicate that postage has been paid or does not need to be paid
(e.g: undelivered franked mail without a return address will be disposed of)
- denoting dividends and other payments carrying a tax credit that can be offset against advance corporation tax by the company that receives them
(e.g: the nation's fourth largest lender also increased its fully franked interim dividend by 10 cents)
Phrases:
Origin
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definition by Oxford Dictionaries