gift tax

1. 1.

   a tax imposed on transfers of property by gift during the lifetime of the giver

   Broadertax

Questions about gift tax

What does gift tax mean?

gift tax means "a tax imposed on transfers of property by gift during the lifetime of the giver".

Is gift tax a common word?

gift tax is banded "Uncommon" — turns up in careful writing rather than conversation. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.