Webster's English Dictionary

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estate

es.tate \is-'ta-t\ n [ME estat, fr. MF - more at STATE] 1: STATE, CONDITION 
    2: social standing or political class; specif : one of the great cl asses 
   (as the nobility, the clergy, and the commons) formerly vested with 
   distinct political powers 4a: the degree, quality, nature, and extent of 
   one's interest in land or ot her property 4b1: POSSESSIONS, PROPERTY; 
   specif : a person's propert y in land and tenements 4b2: the assets and 
   liabilities left by a person at death  4c: a landed property usu. with a 
   large house on it  archaic  - estate vt