property tax

noun

: a tax levied on real or personal property

Examples of property tax in a Sentence

Recent Examples on the Web More:Detroit property tax relief program deadline moved up to Nov. 1. Brendel Hightower, Detroit Free Press, 27 Sep. 2024 When calculating property tax bills, for example, a commercial property worth $1 million is assessed at $250,000. A.d. Quig, Chicago Tribune, 19 Sep. 2024 The new budget includes about $38.9 million more in property tax revenue than last year. Megan Stringer, Axios, 19 Sep. 2024 But local bonds require property tax increases to cover the debt. Mercury News & East Bay Times Editorial, The Mercury News, 13 Sep. 2024 See all Example Sentences for property tax 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'property tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 5 Oct. 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
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