tax redemptionglossary / tax redemption A taxpayer’s recovery of property taken for nonpayment of taxes, accomplished by paying the delinquent taxes and any interest, costs, and penalties. [Cases: Taxation 695, 725. C.J.S. Taxation §§ 1242, 1346–1351.] 词条贡献者 双语律师容远,毕业于法国一流的高级翻译学院,擅长翻译各类与公司治理相关的法律文件。