PROPERTY TAX

Pronunciation (US): (GB):

Meaning:

A capital tax on property imposed by municipalities; based on the estimated value of the property

Synonyms:

land tax; property tax

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("property tax" is a kind of...):

capital levy (a tax on capital or property)

Hyponyms (each of the following is a kind of "property tax"):

council tax (a tax levied on households by local authorities; based on the estimated value of the property and the number of people living in it)