Tax sale

The sale of an Asset after a period of nonpayment of taxes by ITS owner.

Related Terms: 4 Asset, ITS, Own, Tax

Other Related Pages: Category: Taxes Starting With: T

Additional Related Terms: Active asset, Asset, Asset/equity ratio, Average collection period, Asset management account, Accrual of discount, After-tax basis, Amortization of premium, Asset-backed security, Asset swap