Legal Definitions - tax-anticipation warrant

Definition: A tax-anticipation warrant is a type of official process that is issued to collect unpaid taxes. It allows the government to seize and sell property to pay off the taxes owed. The warrant is payable out of tax receipts when collected.

Example: Let's say a person owes $10,000 in property taxes to the government. The government may issue a tax-anticipation warrant to collect the unpaid taxes. The warrant allows the government to seize and sell the person's property to pay off the taxes owed.

Explanation: This example illustrates how a tax-anticipation warrant works. It is a legal tool used by the government to collect unpaid taxes. The warrant allows the government to take action to recover the taxes owed, including seizing and selling property.