Meaning & Definition of word "Levy"
Levy
/ˈlɛvi/
noun:
- 1. An act of levying a tax or fee.
- Example: The levy on income was a controversial topic during the election.
- 2. A charge, especially a tax or fine, that has been imposed.
- Example: The new levy on property owners was met with widespread protests.
verb:
- 1. To impose or collect a tax, fee, or fine.
- Example: The government decided to levy a new tax on luxury goods.
- 2. To declare and enforce a specific tax or charge.
- Example: The city council voted to levy an additional fee for municipal services.
- 3. To enlist or conscript soldiers for military service.
- Example: During the war, they began to levy volunteers from local communities.
Etymology
●Middle English, from Old French 'lever' meaning 'to raise'.
Common Phrases and Expressions
levy a tax:
To impose a tax on individuals or entities.
levy en masse:
A significant or large-scale enlistment or gathering of troops.
levy war:
To raise or initiate military forces against another.
Related Words
tax:
A compulsory contribution to state revenue, levied by the government.
fine:
A monetary penalty imposed for an offense or violation.
assess:
To evaluate or estimate the nature or quality of something, often for taxation purposes.