ESTATE
Estate
An estate is the net worth of a person at any point in time. It is the sum of a person's assets – legal rights, interests and entitlements to property of any kind – less all liabilities at that time. The issue is of special legal significance on a question of bankruptcy and death of the person.The above text is a snippet from Wikipedia: Estate (law)
and as such is available under the Creative Commons Attribution/Share-Alike License.
estate
Noun
- state; condition
- status, rank
- The condition of one's fortunes; prosperity, possessions
- A "person of estate"; a nobleman or noblewoman
- A major social class or order of persons regarded collectively as part of the body politic of the country and formerly possessing distinct political rights ()
- The nature and extent of a person's interest in, or ownership of, land
- An (especially extensive) area of land, under a single ownership
- The collective property and liabilities of someone, especially a deceased person
- A housing estate
- A station wagon; a car with a tailgate (or liftgate) and storage space to the rear of the seating which is coterminous with the passenger compartment (and often extensible into that compartment via folding or removable seating)
- The state; the general body politic; the common-wealth; the general interest; state affairs.
The above text is a snippet from Wiktionary: estate
and as such is available under the Creative Commons Attribution/Share-Alike License.