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Estate
EstateEuropean Economic Community. SIMILAR TERMS-------------------------------------- Estate planning The preparation of a plan to carry out an individual's wishes as to the administration and disposition of his-her property before or after his-her death. Estate tax A federal or state tax imposed on an individual's assets inherited by heirs. PREVIOUS AND NEXT TERMS-------------------------------------- Escheat Period The period of elapsed time required by applicable state law for property to be presumed abandoned. Escheatment The process of turning over unclaimed or abandoned property to a state authority. Escrow Property or money held by a third party until the agreed upon obligations of a contract are met. Escrow receipt A document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery. Escrowed to maturity (ETM) Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date. Estate Estate planning The preparation of a plan to carry out an individual's wishes as to the administration and disposition of his-her property before or after his-her death. Estate tax A federal or state tax imposed on an individual's assets inherited by heirs. Estimated tax Tax to be paid quarterly on income that is not subject to withholding tax, including self-employed income, investment income, alimony, rent, and capital gains. Ethics Standards of conduct or moral judgment. EUREX The European derivatives exchange formed in 1998 by a merger of the Deutsche Terminbörse (DTB) and the Swiss Options and Financial Futures Exchange (SOFFEX). We thank you for using the Financial Dictionary to search for Estate. If you have a better definition for Estate than the one presented here, please let us know by making use of the suggest a term option. This definition of Estate may be disputed by other professionals. Our attempt is to provide easy definitions on Estate and any other medical topic for the public at large.
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