applicable exclusion amount

applicable exclusion amount. Tax. The dollar value of an estate that is exempt from federal estate and gift taxes. See unified estate-and-gift-tax credit under TAX CREDIT.

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词条贡献者

译员蓉婧，欧洲知名商学院国际金融专业，专注翻译各种与美国证券法律有关的法律文件。