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It means a specific ending point. You could have two levels of tax and you have to earn a certain amount before moving onto the second level. The cut-off mark is the point where you move from one to the other. In Golf they talk about players making the cut, which is the score they have to achieve to progress to the third day of a 4 day tournament. It is like a cut off mark. You may have to apply for something by a set date, after which applications are not accepted. That is a cut off mark.

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Q: What is the meaning of cut off mark?
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