/ Dictionary / Index W withholding tax: Meaning and Definition of Find definitions for: withhold'ing tax" Pronunciation: [key] that part of an employee's tax liability withheld by the employer from wages or salary and paid directly to the government. Also called Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. withhold within Related Content Daily Word Quiz: heifer Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language