Estate Tax Financial Glossary
What is it? Tax imposed on the transfer of property from a deceased to his/her heirs, legatees or devisees.Finance Term Definition Added By: Cooper
The Estate Tax definition has been viewed 620 Time(s)!
Send To Friends!
If you'd like to send the Estate Tax definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Estate Tax. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Single Premium Annuity is An annuity purchased with one lump-sum payment. Unlike flexible premium annuities, single premium annuities dont generally allow you to make additional premium payments at a later time (see Flexible Premium Annuity).Financial Term Net Asset Value (NAV) is The market value of a fund share, synonymous with a bid price. In the case of no-load funds, the NAV, market price, and offering price are all the same figure, which the public pays to buy shares; load fund market or offer prices are quoted after adding the sales charge to the net asset value. NAV is calculated by most funds after the close of the exchanges each day by taking the closing market value of all securities owned plus all other assets such as cash, subtracting all liabilities, then dividing the result (total net assets) by the total number of shares outstanding. The number of shares outstanding can vary each day depending on the number of purchases and redemptions.
Financial Term PreApprove is Lender commits to lend to a potential borrower. Commitment remains as long as the borrower still meets the qualification requirements at the time of purchase.
Financial Term Cash is Money or its equivalent (checks, banknotes, etc.).
Financial Term Capital Loss is Loss from the sale of an asset or security.