Vocab Bloom Hub

net estate

/net ɪˈsteɪt/

1 entry

phrase

/net ɪˈsteɪt/C1formallegal
  • ruОбщая стоимость активов человека после вычета всех долгов, обязательств и расходов, обычно используется в юридическом и финансовом контексте, особенно в отношении наследства или оценки имущества.

The total value of a person's assets after deducting all debts, liabilities, and expenses, typically used in legal and financial contexts, especially regarding inheritance or property valuation.

  1. Value of an estate after deductionsC1formal

    The total value of a deceased person's assets (property, money, possessions) after subtracting all debts, taxes, and expenses.

    ruЧистая стоимость наследства

    • The net estate was divided equally among the three children.
    • After paying off the mortgage and legal fees, the net estate was valued at $500,000.
    • The executor calculated the net estate before distributing the inheritance.