Tax sale

Definition
: a forced sale of property resulting from nonpayment of taxes by the owner
compare tax lien at lien
b  : a contract for selling or disposing of a security or an interest in a security for value
see also short wash sale
2  : the transfer of a controlled substance to another person for money or other consideration
3  : a selling of goods at lower than usual prices
4  pl
a  : operations and activities involved in promoting and selling goods and services <vice-president of ~s>
b  : gross receipts
c  : income calculated under the accrual basis of accounting



Search Legal Dictionary


Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
http://www.m-w.com		 Merriam-Webster

administrative law judge

an officer in a government agency with quasi-judicial functions including conducting hearings, making findings of fact, and making recommendations for resolution of disputes concerning the agency’s actions


Terms & Conditions   Privacy   Copyright © 2008 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.