Definify.com
Definition 2024
property_tax
property tax
English
Noun
property tax (plural property taxes)
- An (usually) ad valorem tax charged on the basis of the fair market value of property. The scope of taxable property varies by jurisdiction and it may include personal property in addition to real estate.
Synonyms
- personal property tax
- rates (British)
- real estate tax
Translations
tax based on the value of property
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