property tax

noun

1. a tax levied on real or personal property.

Word History and Origins

Origin of property tax¹

First recorded in 1800–10

Example Sentences

But most voters apparently understood that Proposition 5 would lead to passage of more local bonds — and that would bump up their property taxes to pay off the borrowing.

From Los Angeles Times

However, a large share of government spending in the US, including almost all school spending, is done at a state rather than a federal level, and states are funded by local sales and property taxes.

From BBC

Tenants in privately owned office buildings also commonly pay a share of the landlord’s property taxes.

From Los Angeles Times

Many borrowers choose to include property taxes and home insurance rolled into their monthly payment.

From Salon

Firms in these areas also pay lower national insurance on new employees, and lower property taxes.

From BBC