property tax

noun

: a tax levied on real or personal property

Examples of property tax in a Sentence

Recent Examples on the Web
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School systems with weak property tax bases, including those in rural areas, depend on that money to pay teachers, pay for buses and buy classroom technology. Bianca Vázquez Toness, Chicago Tribune, 22 Mar. 2025 The amendment would also shift some existing tax laws, like some property tax exemptions, from the constitution into statutes, which are easier to edit in the future. Chelsea Brasted, Axios, 20 Mar. 2025 In addition, properties burned by the Palisades fire will likely be reassessed to reflect a reduction in their value — which would diminish property tax revenues. David Zahniser, Los Angeles Times, 19 Mar. 2025 Weber’s call for additional city hiring comes at a time when homeowners, who fund municipal salaries, were hit with double-digit property tax hikes last January. Gayla Cawley, Boston Herald, 18 Mar. 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

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Cite this Entry

“Property tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property%20tax. Accessed 1 Apr. 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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