estate

estate definition - business

estate

  1. The assets owned by a person, generally at the time of death. See also gross estate, residuary estate.
  2. A large tract of real estate owned by a person or family.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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