| 释义 |
estate tax
noun
: an excise tax levied often at graduated rates upon the privilege of an owner of property often including life insurance proceeds, property held jointly with right of survivorship, and gifts made in contemplation of death or to take effect in enjoyment after death of transmitting his property to others after his death, measured by the value of his total estate after payment of debts and any deductions permitted by law, and payable from the net estate before its distribution |