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.
But there has to be a better way to do this and part of that is reforming New York City’s very kooky property tax structure, where Con Ed pays more to City Hall than anyone else and then has to charge higher fees to customers. New York Daily News Editorial Board, New York Daily News, 15 Feb. 2025 On the business front, Maybank wrote, there could be more rebates for corporate tax, as well as rebates on property tax for commercial properties. Lim Hui Jie, CNBC, 14 Feb. 2025 Town officials say the power plant has been providing more than half the property tax revenue to run Hayden's schools, fire department and other essential services. Scott Franz, NPR, 13 Feb. 2025 While praising the governor’s budget for not raising sales or property tax, Turner said the proposal also focuses on the business community. Gary Collins, Baltimore Sun, 13 Feb. 2025 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 21 Feb. 2025.

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
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