taxable estate

taxable estate

That portion of a deceased person's estate that is subject to transfer tax.

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Part of Speech: noun
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Industry/Domain: Financial services
Category: General Finance
Company: Bloomberg
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Related terms

taxable

Legal services; Regulations

Subject to taxation, interest earned on a checking account is taxable income.

taxable

Financial services; Funds

Indicates the presumed tax status for dividend and/or interest payments with respect to a given security. Clients should refer to a more complete security description and discuss ...

taxable

Language; Dictionaries

Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities.

estate

Political systems; Slavery

Traditionally a large area of land, used for agriculture, centered on a large house, owned by one person or family.

hardship assistance

Financial services; General Finance

A financial assistance given out in times of personal fincancial hardship, e.g. loss of job, insurance, or property.

government grants

Financial services; Accountancy; Finance; General Finance

Awards of financial assistance in the form of money by governments to an eligible grantee with no expectation that the funds will be paid back. This does not include technical ...

bankers' acceptances (BA)

Financial services; General Finance

Sometimes known as time drafts, these are bearer-form short-term non-interest-bearing notes sold at a discount, redeemed by accepting banks for full face value at maturity.

bed and breakfast deal

Financial services; General Finance

The sale of a share and its repurchase shortly after the beginning of a new tax year. This allows shareholders to register a capital loss or profit for tax purposes while ...

Bank for International Settlements (BIS)

Financial services; General Finance

An international organization that fosters international monetary and financial co-operation and serves as a bank for central banks and international financial organizations. It ...