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.



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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.



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Tax Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 04, 2020 https://payrollheaven.com/define/tax-sale/.
Chicago Manual of Style (CMS):
Tax Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/tax-sale/ (accessed: April 04, 2020).
American Psychological Association (APA):
Tax Sale. PayrollHeaven.com. Retrieved April 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/tax-sale/

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.