generation-skipping transfer tax

noun

: a transfer tax on a generation-skipping transfer

called also generation-skipping tax

Browse Nearby Words

Cite this Entry

“Generation-skipping transfer tax.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/generation-skipping%20transfer%20tax. Accessed 3 Mar. 2025.

Love words? Need even more definitions?

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