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Meaning of tax lot | Babel Free

Noun CEFR B2

Definitions

  1. A grouping of security holdings in an account used for enabling the calculation and treatment of the securities for tax compliance and reporting.
    US
  2. An parcel of real property on which property taxes are levied.
    US

Examples

“In some countries such as the USA, cost basis must be considered on a tax lot-by-tax lot basis.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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