estate tax
Definition of estate tax
: a tax in the form of a percentage of the taxable estate that is imposed on a property owner's right to transfer the property to others after his or her death — compare inheritance tax 1
From the M-W Editors
1928
First Known Use of estate tax
1928
ESTATE TAX Defined for English Language Learners
estate tax
Definition of estate tax for English Language Learners
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: a tax that you pay on the money and other property that comes to you because someone has died : a tax on an estate that you inherit
Law Dictionary
estate tax
Legal Definition of estate tax
: an excise in the form of a percentage of the taxable estate that is imposed on a property owner's right to transfer the property to others after his or her death —called also succession tax — see also unified transfer tax — compare gift tax, inheritance tax
Learn More about estate tax
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See words that rhyme with estate tax Britannica.com: Encyclopedia article about estate tax
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