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Noun: vat  vat
  1. A large open vessel for holding or storing liquids
    "The rain water drains into this big vat";
    - tub
Verb: vat (vatted,vatting)  vat
  1. Place, blend or treat in a vat
Noun: VAT
  1. A tax based on the value of the goods collected by the end retailer
    - value-added tax, goods and service tax, GST

Derived forms: vats, vatting, vatted

Type of: ad valorem tax, excise, excise tax, vessel

Encyclopedia: Vat