Definition of National Defence Contribution in English:
National Defence Contribution
(USNational Defense Contribution)
noun
Economics historical
A tax levied to supplement military and defence spending; (British History) a tax on corporate profits introduced in 1937 to supplement the defence budget; abbreviated N.D.C.
Origin
1920s.
Definition of National Defence Contribution in US English:
National Defence Contribution
(USNational Defense Contribution)
noun
Economics historical
A tax levied to supplement military and defence spending; (British History) a tax on corporate profits introduced in 1937 to supplement the defence budget; abbreviated N.D.C.