(prop-er-ty-tax) 3 syllables

Definition

noun. A tax levied on real or personal property by the local government, based on the value of the property.

Example Sentence

The property tax for the new house was higher than expected.

More Example Sentences

Residents were concerned about the proposed increase in property tax rates.

Synonyms

real estate tax; land tax; property levy

Antonyms

income tax; sales tax; excise tax

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property tax
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