property tax

tax that is collected on real estate and personal property

Property tax, millage tax is an ad valorem tax that an owner of real estate or other property pays on the value of the property being taxed. There are three species or types of property: Land, Improvements to Land (immovable man made things), and Personalty (movable man made things). Real estate, real property or realty are all terms for the combination of land and improvements. The taxing authority requires and/or performs an appraisal of the monetary value of the property, and tax is assessed in proportion to that value. Forms of property tax used vary between countries and jurisdictions.
See more at Wikipedia.org...

Noun
1. a capital tax on property imposed by municipalities; based on the estimated value of the property
(synonym) land tax
(hypernym) capital levy
(hyponym) council tax

A tax assessed on property based on its use and its assessed value.

property-tax
danh từ thuế đánh vào tài sản hiện có; thuế tài sản
(C) 2007 www.TừĐiểnTiếngViệt.net