estate tax

noun

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

Word History and Origins

Origin of estate tax¹

First recorded in 1905–10

Example Sentences

At present, the federal estate tax kicks in at estates valued at more than $5.34 million.

From The Daily Beast

Trying to rally a nation against the estate tax is a tough lift.

From The Daily Beast

But in my experience, arguing over the estate tax for much of the past decade, the name has nothing to do with it.

From The Daily Beast

They get very upset if you suggest otherwise, whether you call it the estate tax, the death tax, or "fred".

From The Daily Beast

But there are still sticking points, including scheduled increases in the estate tax.

From The Daily Beast

For the commutation tax there should be substituted an estate tax rising from 3d.

From Project Gutenberg

Related Words

• death tax
• inheritance tax