Definition from Wiktionary, the free dictionary
- Capable of distorting.
- Causing distortion, especially in prices.
2013 June 7, Joseph Stiglitz, “Globalisation is about taxes too”, The Guardian Weekly, volume 188, number 26, page 19:
- It is time the international community faced the reality: we have an unmanageable, unfair, distortionary global tax regime. It is a tax system that is pivotal in creating the increasing inequality that marks most advanced countries today […].