Tax Glossary Definition (English)
Interest Defined
The following is in context to Tax, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"An extra charge that is added to a delinquent property tax bill. The amount is 1 % simple interest per month on the unpaid taxes and special assessments. Interest is calculated based on the unpaid balance on the first business day of the month."
Additional Languages
Additional Interest Definition Starting Points
The following links are listed in alphabetical order. Please note we cannot guarantee Interest definitions are contextually accurate to Tax at third party websites.
