succession duty

succession duty
noun Date: 1853 chiefly British inheritance tax

New Collegiate Dictionary. 2001.

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  • Succession duty — Succession duty, in the English fiscal system, a tax placed on the gratuitous acquisition of property which passes on the death of any person, by means of a transfer from one person (called the predecessor) to another person (called the… …   Wikipedia

  • Succession duty — Succession Suc*ces sion, n. [L. successio: cf. F. succession. See {Succeed}.] 1. The act of succeeding, or following after; a following of things in order of time or place, or a series of things so following; sequence; as, a succession of good… …   The Collaborative International Dictionary of English

  • succession duty — or tax A tax placed on the gratuitous acquisition of property passing on the death of any person by transfer from one person to another. Wachovia Bank & Trust Co. v. Maxwell, 221 N.C. 528, 20 S.E.2d 840, 842. A tax imposed upon the privilege of… …   Black's law dictionary

  • Succession duty — (engl., spr. ßöckßésch n djutī), s. Erbschaftssteuern …   Meyers Großes Konversations-Lexikon

  • succession duty — noun chiefly Britain : inheritance tax 1 * * * succession duty noun A tax formerly imposed on succession to property, varying with the degree of relationship • • • Main Entry: ↑succeed * * * succession duty or succession tax, Especially Bri …   Useful english dictionary

  • succession duty or tax — A tax placed on the gratuitous acquisition of property passing on the death of any person by transfer from one person to another. Wachovia Bank & Trust Co. v. Maxwell, 221 N.C. 528, 20 S.E.2d 840, 842. A tax imposed upon the privilege of… …   Black's law dictionary

  • succession duty — A succession tax …   Ballentine's law dictionary

  • Duty (disambiguation) — Duty is a philosophical and legal concept. Duty may also refer to: Duty (album), an album by Ayumi Hamasaki Duty (economics), a form of taxation Air Passenger Duty, an excise duty in the United Kingdom Stamp duty, a form of tax on documents… …   Wikipedia

  • Succession — Suc*ces sion, n. [L. successio: cf. F. succession. See {Succeed}.] 1. The act of succeeding, or following after; a following of things in order of time or place, or a series of things so following; sequence; as, a succession of good crops; a… …   The Collaborative International Dictionary of English

  • Succession of crops — Succession Suc*ces sion, n. [L. successio: cf. F. succession. See {Succeed}.] 1. The act of succeeding, or following after; a following of things in order of time or place, or a series of things so following; sequence; as, a succession of good… …   The Collaborative International Dictionary of English

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