property tax meaning

WProperty tax
  • A property tax (or millage tax) is a levy on property that the owner is required to pay.
  • There are four broad types of property: land, improvements to land (immovable man-made objects, such as buildings), personal property (movable man-made objects), and intangible property.
  • A special assessment tax is sometimes confused with property tax.
  • The property tax rate is often given as a percentage. It may also be expressed as a per mil (amount of tax per thousand currency units of property value), which is also known as a millage rate or mill (which is also one-thousandth of a currency unit).
  • Part-of-Speech Hierarchy
    1. Nouns
      • Countable nouns

    Other Vocabulary

    Look-Alike Words
    1. en property law
    2. en Property P
    3. en propertying
    4. en propertyless
    5. en poverty trap
    Source: Wiktionary

    Meaning of property tax for the defined word.

    Grammatically, this idiom "property tax" is a noun, more specifically, a countable noun.
    Definiteness: Level 1
    Definite    ➨     Versatile