adjusted gross estate

adjusted gross estate definition - business

adjusted gross estate

The monetary value of an estate after subtracting court costs, attorney fees, and debts of the deceased, but not estate taxes. See also taxable estate.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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