death duty

death duty
death duty UK US noun [C or U] UK
TAX INHERITANCE TAX(Cf. ↑inheritance tax): »

Some assets may escape death duty if they are transferred seven years before death.

Financial and business terms. 2012.

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Look at other dictionaries:

  • death duty — n. Brit. INHERITANCE TAX …   English World dictionary

  • death duty — noun a tax on the estate of the deceased person • Syn: ↑inheritance tax, ↑estate tax, ↑death tax • Hypernyms: ↑transfer tax * * * noun chiefly Britain : death tax …   Useful english dictionary

  • death duty — death′ du ty n. ecn brit. inheritance tax • Etymology: 1880–85 …   From formal English to slang

  • death duty — estate duty A tax levied on the estate of a person who has died; the amount of the tax is calculated by assessing the estate of the deceased person in accordance with the appropriate tax regulations. In the UK, estate duty was replaced in 1975 by …   Accounting dictionary

  • death duty — noun Date: 1881 chiefly British death tax …   New Collegiate Dictionary

  • death duty — inheritance tax, death tax …   English contemporary dictionary

  • death duty — noun (in the UK) a tax levied on property after the owner s death. Now called inheritance tax …   English new terms dictionary

  • death duty — / deθ ˌdju:ti/, death tax / deθ tæks/ noun US a tax paid on the property left by a dead person (NOTE: the British equivalent is inheritance tax) …   Marketing dictionary in english

  • death duty — / deθ ˌdju:ti/ noun US a tax paid on the property left by a dead person. Also called death tax (NOTE: The UK term is inheritance tax.) …   Dictionary of banking and finance

  • death duty — Brit. See inheritance tax. [1880 85] * * * …   Universalium

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