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Definitions from WordNet

Definitions from the Web

Laffer

Noun:

1. A curve that illustrates the relationship between tax rates and tax revenue. The Laffer curve suggests that, as tax rates increase, tax revenue will initially increase but will eventually decrease as tax rates become prohibitively high.

Example Sentence: The economist explained how the Laffer curve can help governments determine the optimal tax rate.

Verb:

1. To express amusement or joy by showing one's teeth and emitting vocal sounds.

Example Sentence: The baby laffered with delight at the colorful toys.

Adjective:

1. Of or relating to a person or thing from Lafferton.

Example Sentence: Her favorite author is known for writing laffer novels that are set in the fictional town of Lafferton.

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