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gift tax

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

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Word of the Day

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  • Idiom of the Day

    put away (an animal) or put (an animal) away
    to put an animal to death, to kill an animal
    We put away our dog because he tried to bite the small girl next door.



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    Fact
    When Mount Vesuvius erupted in in the year 79, over 2,000 citizens of Pompeii ran into their cellars to wait until everything had ended. Excavators found them still there 1,800 years later.      .. More >>
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