Meaning & use
ETR
Last updated
Meanings
abbreviationcountablefinance
Effective tax rate: the share of a person's or company's total income that is actually paid in tax, after reliefs and deductions.
Grammar: Usually singular with the: the ETR fell, a lower ETR.
Patterns
- ETR of number
- ETR on something
The firm reported an ETR of 18 percent, well below the headline rate.
Analysts compared the ETR across the last five years.
A lower ETR boosted profit after tax.
abbreviationcountablecomputing
Estimated time remaining: a projected amount of time left before a task, download or process is finished.
Grammar: Usually shown on screens or in project reports: ETR is 10 minutes.
Patterns
- ETR for something
The progress bar shows an ETR of four minutes.
The team updated the ETR for the migration after the delay.
Without a reliable ETR, we cannot tell customers when service returns.
Word forms
| plural | ETRs |
|---|
Common combinations
- reduce the ETR
- Tax planning helped reduce the ETR this year.
- group ETR
- The group ETR was reported in the annual statement.
- a low ETR
- Investors noticed a low ETR in the accounts.
- calculate the ETR
- Finance staff calculate the ETR each quarter.
Synonyms and how they differ
- tax rate
- This is a broader phrase and can mean the legal rate, whereas ETR specifically means what is really paid.
- ETA
- Estimated time of arrival points to a clock time or date, while the time remaining meaning of ETR gives a length of time.
Word family
Commonly confused: ETR or marginal tax rate?
ETR vs marginal tax rate
This is the rate on the next unit of income; the ETR is the average rate on all income.
Practice
The annual report says the company's ETR was 17 percent. What does ETR most likely mean here?
Choose one answer.
In a financial report a percentage figure points to effective tax rate. Estimated time of return would not be given as a percentage.
Make it your own
Write a sentence using “ETR”, then check it and compare it with the examples above.