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gross estate

/ɡrəʊs ɪˈsteɪt/

1 entry

phrase

/ɡrəʊs ɪˈsteɪt/C1formallegal
  • ruЮридический и финансовый термин, обозначающий общую стоимость всего имущества, активов и владений, принадлежавших человеку на момент его смерти, до вычета каких-либо долгов, налогов или расходов.

A legal and financial term referring to the total value of all property, assets, and possessions owned by a person at the time of their death, before any deductions such as debts, taxes, or expenses are applied.

  1. Total value of an estate before deductionsC1formal

    The total value of all property, assets, and possessions owned by a person at the time of their death, before any deductions or exemptions are applied.

    ruОбщая стоимость наследства до вычетов

    • The gross estate included the deceased's house, investments, and personal belongings.
    • Lawyers calculated the gross estate to determine the tax liability.
    • The gross estate was valued at over two million dollars.