Meaning of “tax sale” in the English Dictionary

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"tax sale" in Business English

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tax salenoun [ C ]

uk us US LAW, PROPERTY

a situation in which the government takes and sells the property of people who have not paid tax:

They bought the building very cheaply in a tax sale last year.
The tax sale process is used to collect any debt over $10,000 dollars.

(Definition of “tax sale” from the Cambridge Business English Dictionary © Cambridge University Press)