DuckCorp Dico

Found one definition

1.                 From WordNet (r) 3.0 (2006):
                   
   
   
                   
                     
   VAT
       n 1: a tax levied on the difference between a commodity's price
            before taxes and its cost of production [syn: VAT,
            value-added tax, ad valorem tax]
       2: a large open vessel for holding or storing liquids [syn:
          tub, vat]