property tax

noun

1. a tax levied on real or personal property.

Word History and Origins

Origin of property tax¹

First recorded in 1800–10

Example Sentences

The biggest potential perk for buyers choosing to live in Scranton — aside from low prices — is the relatively low property taxes.

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It suggests reforms to property tax and capital gains tax as "good places to start".

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Ms. Sherrill wants to limit property taxes by forcing certain school districts to merge, which would reduce costly redundancies.

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Buying comes with added costs: maintenance, insurance, property taxes, etc.

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Work out a monthly budget of your income and expenditures, including utilities, property taxes, home insurance, mortgage payments, groceries and gas, and stick to it.

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