Definition of Withhold

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TeachMeFinance.com - explain Withhold



Withhold

The term 'Withhold ' as it applies to the area of Medicare in the United States can be defined as ' Means a percentage of payment or set dollar amounts that are deducted from the payment to the physician group/physician that may or may not be returned depending on specific predetermined factors'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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