adjusted gross estate

Definition

The net worth of the estate of a decedent after deducting the cost of any debts outstanding as well as any of the administrative costs that are associated with that individual. Can also refer to the value in which estate taxes are levied upon.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
adjusted futures price Adjusted Gross Income