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)
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estate

Noun

  1. state; condition
  2. status, rank
  3. The condition of one's fortunes; prosperity, possessions
  4. A "person of estate"; a nobleman or noblewoman
  5. 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 ()
  6. The nature and extent of a person's interest in, or ownership of, land
  7. An (especially extensive) area of land, under a single ownership
  8. The collective property and liabilities of someone, especially a deceased person
  9. A housing estate
  10. 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)
  11. 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.

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