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Definition of

death duty


former tax paid on estate before distribution the former name for tax paid on the property left by a dead person before it is passed to the heirs, still used informally.

Related definitions of "death duty"

Definitions of ’death duty’ and meaning of ’death duty’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’death duty’ and other financial terms with our online QFINANCE Financial Dictionary.

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