a tax on property inheritances: in Britain, replaced in 1975 by capital transfer tax and since 1986 by inheritance tax
Also called: estate duty
WordReference Random House Unabridged Dictionary of American English © 2026
death′ du′ty, [Brit.]
WordReference Random House Unabridged Dictionary of American English © 2026- Economics, British TermsSee inheritance tax.
- 1880–85
inher′itance tax′,
- British Terms, Lawa tax levied on the right of an heir to receive a decedent's property, the rate being a percentage of the value of the property. Also called death tax;
death duty. Cf. estate tax.
- 1835–45
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