delinquent tax certificate
noun[C]
USukusTAX,PROPERTY
anofficialdocumentshowingthattaxesthat have not beenpaidasagreedonlandorproperty. Thisdocumentcan beboughtas aninvestmentand thebuyerhas therighttoreceivethemoneyowedintaxesfrom theownerof thepropertyand, inaddition,interestontheirinvestment:
Volusia Countyconducteditsannualdelinquenttaxcertificatesauctionover theinternetinJune.