Financial and business terms. 2012.
estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… … Law dictionary
chargeable interest — For the purposes of stamp duty land tax, an estate, interest, right or power in or over land in the UK; or the benefit of an obligation, restriction or condition affecting the value of any such estate, interest, right or power other than an… … Law dictionary
Estate Duty Ordinance Cap.111 — (in short, Cap 111 ESO) is one of Hong Kong ordinances. It regulates the HK estate duty which was a tax imposed on capital asset the net value of property situated in Hong Kong at the date of the taxpayer s death. It is chargeable irrespective of … Wikipedia
gross estate of decedent — The value of all property left by a decedent, determined as of the date of death. For federal tax: the value of all property to the extent of the decedent s interest therein at the time of his death; virtually all property transferred either by… … Ballentine's law dictionary
Real estate — Real Re al (r[=e] al), a. [LL. realis, fr. L. res, rei, a thing: cf. F. r[ e]el. Cf. {Rebus}.] 1. Actually being or existing; not fictitious or imaginary; as, a description of real life. [1913 Webster] Whereat I waked, and found Before mine eyes… … The Collaborative International Dictionary of English
Nil rate band — The nil rate band is the value of an estate that is not subject to Inheritance Tax in the United Kingdom. In the 2009/10 tax year (ending 5 April 2010), the nil rate band is £325,000[1]. Chargeable lifetime transfers and the chargeable estate on… … Wikipedia
Capital gains tax — A capital gains tax (abbreviated: CGT) is a tax charged on capital gains, the profit realized on the sale of a non inventory asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds,… … Wikipedia
Inheritance Tax (United Kingdom) — In the United Kingdom, Inheritance Tax was first introduced as a tax on estates in England and Wales over a certain value from 1796, then called legacy, succession and estate duties. The value changed over time and the scope of estate duty was… … Wikipedia
List of Statutory Instruments of the United Kingdom, 2006 — This is an incomplete list of Statutory Instruments of the United Kingdom in 2006. NOTOC 1 100* Public Contracts Regulations 2006 S.I. 2006/5 * Utilities Contracts Regulations 2006 S.I. 2006/6 * M6 Motorway (Junction 36, Town Head Bridge Parapet… … Wikipedia
assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… … Black's law dictionary
