inheritance tax

noun

Definition of inheritance tax

  1. 1 :  a tax on a decedent's net estate that is levied after the estate is transmitted to the inheritors

  2. 2 :  death tax; especially :  estate tax

1841

First Known Use of inheritance tax

1841


Law Dictionary

inheritance tax

noun

Legal Definition of inheritance tax

  1. :  an excise tax that is levied upon the privilege of receiving property as heir or next of kin under the law of intestacy and that is measured by the value of the property received — compare estate tax


Learn More about inheritance tax


Seen and Heard

What made you want to look up inheritance tax? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

an exhausted condition

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

  • peter-bruegel-tower-of-babel-painting
  • What language does pajama come from?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Dictionary Devil

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!