gift tax


noun

a tax imposed on the transfer of money or property from one living person to another by gift, payable by the donor.

Nearby words

  1. gifford's operation,
  2. gift,
  3. gift certificate,
  4. gift of gab,
  5. gift of tongues,
  6. gift voucher,
  7. gift-wrap,
  8. gift-wrapped,
  9. giftable,
  10. gifted

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


British Dictionary definitions for gift tax

gift tax

noun

another name for (the former) capital transfer tax
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012