Define: Tax Sale

UK Accounting Glossary

Definition: Tax Sale

Quick Summary of Tax Sale

The auctioning and sale of real estate for which the owner has not paid property taxes.


Examples of Tax Sale in a sentence

Tax sales are advertised in the newspaper, and they are good opportunities to purchase real estate at a discount.
The bank looked through the tax sale records under her name and found several instances of payment defaults over the years, so they refused her a new loan.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Tax Sale. Payroll & Accounting Heaven Ltd. April 04, 2020
Chicago Manual of Style (CMS):
Tax Sale. Payroll & Accounting Heaven Ltd. (accessed: April 04, 2020).
American Psychological Association (APA):
Tax Sale. Retrieved April 04, 2020, from website:

Definition Sources

Definitions for Tax Sale are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February 2020.