Estate
a right or interest in property or the property of a deceased person.
A term commonly used to denote the sum total of all types of property owned by a person at a particular time, usually upon his death. (2) Obs. The social classes, derived from the early medieval concept of: Clergy; nobility; peasants (in actuality burghers, as the peasants were more passive participants.)
TAX, ESTATE - A tax assessed against the net assets of an estate whic must be paid by the administrator or executor from the estate's assets.
Technically, the nature and extent of a person's interest in orownership of land; broadly, estate applies to all that a person owns whetherreal or personal property.
The rights and assets of a person in property
Under the Bankruptcy and Insolvency Act, the name given to the file or bankruptcy estate.
