asituationin which thegovernmenttakesandsellsthepropertyofpeoplewho have notpaidtax:Theyboughtthebuildingverycheaplyin ataxsalelastyear.Thetaxsaleprocessis used tocollectanydebtover $10,000dollars.(Definition oftax salefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoftax sale
tax saleThe was put up fortaxsalein 2007, but received no bids.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Then, with nearly $5 million in liens against the hotel, it went totaxsale.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The estate had been sold to pay outstanding taxes, but the lawsuit contested thetaxsaleas improper.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Lee argued thattaxsaleof the entire property (rather than just that portion needed to pay the tax debt) amounted to confiscation and was unconstitutional.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The barber had bought the house at ataxsaleat a time of great financial distress, twenty years before, for five hundred dollars.FromProject GutenbergThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/tax-sale##
