estate - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “estate”

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estate

noun
 
 
/ɪˈsteɪt/
PROPERTY a group of houses or factories built in a planned way: commercial/industrial/trading estate He rents a unit on an industrial estate. a housing estate
PROPERTY, LAW everything that a person owns when they die: leave your estate to sb She left her entire estate to her niece.
UK COMMERCE a group of small businesses such as pubs or shops, owned and controlled by one company: estate of sth The company, which has an estate of 650 pubs, was one of the first to open smoke-free sites.
PROPERTY a large area of land in the country which is owned by a family or an organization and is often used for growing crops or raising animals: It's a typical country estate with a large house for the owner, farm buildings and estate workers' houses.
→  See also freehold estate , leasehold estate , legal estate , life estate , real estate
(Definition of estate from the Cambridge Business English Dictionary © Cambridge University Press)
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