real estate tax

noun

Meaning

A charge levied by a government on the value of land and buildings owned by an individual or company.

Examples

The city council debated increasing the real estate tax to fund new schools.
Many homeowners are concerned about the rising costs of real estate taxes.

Synonyms: property tax, land tax, ad valorem tax

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real estate tax

noun

Pronunciation: ˈrɪəl ɪˈsteɪt tæks

Definition

A charge levied by a government on the value of land and buildings owned by an individual or company.

Examples

The city council debated increasing the real estate tax to fund new schools.
Many homeowners are concerned about the rising costs of real estate taxes.

How to Use real estate tax

real estate tax (collocation): A tax levied on the value of owned land and buildings. — "The homeowner's association discussed the impact of rising real estate tax on property values."
pay tax on (prepositional phrase): To give money to the government for a specific item or service. — "You have to pay tax on your income and on your property."

Synonyms of real estate tax

Words with a similar meaning to real estate tax:

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