# franking

Pronunciation: US say "FRANGK-ing" /ˈfɹæŋkɪŋ/; AUS say "FRANG-king"

## Verb

1. Present participle and gerund of frank. — present participle and gerund of frank
   - Simple: Present participle and gerund of frank. Use it after is or was, or for the act itself.
   - _The mailroom was franking hundreds of tax notices an hour before the deadline._
   - _Critics attacked the lawmakers for franking campaign letters at public expense._

## Noun

2. Any authorized device or marking, such as a postage stamp, printed impression, code, or label, applied to mail to show it qualifies for postal service.
   - Simple: A stamp, printed mark, or label on a letter or package that lets the mail service carry it.
   - _A red meter franking had replaced the usual stamp on the company's letters._
   - _The clerk rejected the parcel because its franking did not match the weight._
3. A corporate tax system in which some or all of the tax a company pays can be passed to its shareholders as a tax credit, reducing the income tax due on their distributions. *(Australia)*
   - Simple: A tax system that credits shareholders with some or all of the tax their company paid, cutting their own tax.
   - _The super fund's returns were lifted by franking on its Australian share holdings._
   - _The opposition's plan to cut cash refunds of franking credits angered many retirees._

Source: DictionaryAI, https://dictionaryai.com/define/franking (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).