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 双语律师李明,国际知名法学院法律专业,擅长翻译各类与政府监管相关的法律文件。