Tackless financial definition of tackless
tack (redirected from tackless)
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To add one time period onto another.When parties are in adverse possession of real property, the possession must be uninterrupted and last for 10 to 20 years before the true owner will be prohibited from trying to regain the property.A current possessor can tack his or her time together with the time of prior possessors in order to accumulate the requisite number of years.
References in periodicals archive
After adjusting for the more than $3 million in prior-year revenue attributable to the sale of the Company's domestic tackless
carpet strip business, revenue rose slightly versus the year-ago period.
wood strip below the carpeting and near the wall can slightly elevate the back of the cabinet and make the bookcase tippy.
After adjustment for the revenue decline attributable to the effects of the company's decision to sell and license back its domestic tackless
carpet strip business, which contributed revenues of $3.