Tools: Learn New Words | Secure Password Generator | Startup Tools | PDF Generator

Shelter (Verb)

Invest (money) so that it is not taxable.

Verbs of buying, selling, owning.

Many companies shelter their income in offshore accounts to avoid paying taxes on their profits.
Individuals can shelter their investments by donating to charities or retirement accounts.
Some tax advisors recommend sheltering inherited wealth by creating trust funds for beneficiaries.
To minimize tax liability, investors often shelter their capital gains by deducting losses from previous years.
Business owners can shelter their company's income by setting up expense accounts for things like research and development.

Provide shelter for; "After the earthquake, the government could not provide shelter for the thousands of homeless people".

Verbs of being, having, spatial relations.

The charity is trying to shelter for as many refugees as possible in the next few months.
After a brutal storm, the church provided shelter for dozens of families who lost their homes.
Local residents came together to help shelter for the animals that were left without a place to live.
Using emergency funds, the organization was able to quickly shelter for those who had lost everything in the flood.
The town hall managed to shelter for the survivors of the hurricane until they could be relocated to temporary housing.