property tax

noun

: a tax levied on real or personal property

Examples of property tax in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
And this is not even factoring in inevitable federal and state cuts that will have an outsized impact on our income and property tax assumptions. Tom Quirk, Baltimore Sun, 23 Dec. 2024 That includes a $1,000 increase in the maximum homeowner property tax deduction that was previously unsuccessfully pitched by Democrats and an expansion of property tax deductions for seniors and disabled veterans — ideas previously floated by Republicans. Brittany Carloni, The Indianapolis Star, 21 Dec. 2024 In exchange for a property tax rate of 10.12 cents per $100 of valuation, residents within the school district will have access to all ACC educational resources and in-district tuition, with classes set to start in the spring at Lockhart High School outside of regular school hours. Lily Kepner, Austin American-Statesman, 20 Dec. 2024 One was a property tax circuit breaker introduced in the Senate in May. J.d. Davidson | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 20 Dec. 2024 See all Example Sentences for property tax 

Word History

First Known Use

1808, in the meaning defined above

Time Traveler
The first known use of property tax was in 1808

Dictionary Entries Near property tax

Cite this Entry

“Property tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property%20tax. Accessed 30 Dec. 2024.

Legal Definition

property tax

noun
: a tax levied on real or personal property (as by a municipality) compare excise, income tax

More from Merriam-Webster on property tax

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!