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estate definition - finance
All the assets that a person has at the time of his or her death. This includes cash, stocks, bonds, real estate, personal property, and other investments. The estate is distributed to the deceasedÂ’s heirs as prescribed in the will.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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