tax lien |
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Definition
Involuntary charge on a tax payer's property arising from non-payment of income, property, or other taxes. Tax liens take precedence over all other liens on a property and (in case of liquidation) must be satisfied first.
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tax lien is in the Accounting & Auditing, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
tax lien appears in the definitions of the following terms: statutory lien and general lien
tax lien appears in these other term: tax lien certificate
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http://www.businessdictionary.com/definition/tax-lien.html