zero-ratedEnglishOxford Dictionary of Englishzero-rated /ˌzɪrəʊˈreɪtɪd / ▸ adjective Finance British English denoting goods or services that are taxable for VAT, but with a tax rate of zero. – DERIVATIVES zero rating /ˌzɪərəʊ ˈreɪtɪŋ / noun