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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.

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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