estate tax

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noun

a tax imposed on a decedent's property, assessed on the gross estate prior to distribution to the heirs.

Also called death tax.

Origin:
1905–10

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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WordNet

estate tax
noun
a tax on the estate of the deceased person [syn: inheritance tax]

WordNet® 3.0, © 2006 by Princeton University.
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Relevant Questions

00:10

Estate tax is always a great word to know.

So is slumgullion. Does it mean:

a stew of meat, vegetables, potatoes, etc.

a fool or simpleton; ninny.

Example sentences

Forget they and the diminished estate tax used to collect almost half the

nation's revenue.

Real estate tax on the first two properties can be deducted from personal

income tax.

Yet from an estate tax perspective, putting some portion of the firm into a

trust for heirs makes sense.

The unified credit applies to both the gift tax and the estate tax and it

equals the tax on the applicable exclusion amount.

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