net estate — n. A gross estate minus funeral expenses, claims against the estate, mortgages and other debts, and any other proper deductions that must come from the estate during settlement. The Essential Law Dictionary. Sphinx Publishing, An imprint of… … Law dictionary
net estate — Under estate tax statute the term means that which is left of the gross estate after the deduction of proper and lawful items in the course of settlement. United States Trust Co. of New York v. Sears, D.C. Conn., 29 F.Supp. 643, 649. In general,… … Black's law dictionary
net estate — Under estate tax statute the term means that which is left of the gross estate after the deduction of proper and lawful items in the course of settlement. United States Trust Co. of New York v. Sears, D.C. Conn., 29 F.Supp. 643, 649. In general,… … Black's law dictionary
net estate — noun the estate remaining after debts and funeral expenses and administrative expenses have been deducted from the gross estate; the estate then left to be distributed (and subject to federal and state inheritance taxes) • Topics: ↑tax, ↑taxation … Useful english dictionary
net — adj [Anglo French, clean, pure, from Latin nitidus bright, neat, from nitēre to shine]: remaining after deduction of all charges, outlay, or loss the net proceeds compare gross Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Estate tax in the United States — This article is about Estate tax in the United States. For other countries, see Inheritance tax. Part of a series on Taxation Taxation in the United States … Wikipedia
estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… … Black's law dictionary
estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… … Black's law dictionary
net — The amount of money or other value that remains after all charges, costs, losses, taxes, depreciations, expenses and deductions have been paid and/or subtracted. Commonly used terms are net assets, net profit, net income, net loss, net worth… … Business law dictionary
Net asset value — (NAV) is a term used to describe the value of an entity s assets less the value of its liabilities. The term is most commonly used in relation to open ended or mutual funds because shares of such funds registered with the U.S. Securities and… … Wikipedia
