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What is a tax levy?
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The meaning of LEVY is the imposition or collection of an assessment. How to use levy in a sentence.
LEVY definition: 1. an amount of money, such as a tax, that you have to pay to a government or organization: 2. (of…. Learn more.
Define levy. levy synonyms, levy pronunciation, levy translation, English dictionary definition of levy. to impose a tax: to levy a duty on imports; the amount owed or collected; the conscription of troops Not to be confused with: levee – embankment to prevent...
Levy definition: an imposing or collecting, as of a tax, by authority or force.. See examples of LEVY used in a sentence.
A levy is a sum of money that you have to pay, for example as a tax to the government. If a government or organization levies a tax or other sum of money, it demands it from people or organizations. They levied religious taxes on Christian commercial transactions.
The noun levy refers to a charge, such as a tax, fine, or other fee, that is imposed on something. The verb levy is used to describe the act of imposing or collecting the charge. If you need to raise money, for example, you may decide to levy a fine on your family every time you have to make the coffee in the morning.
A levy is a sum of money that you have to pay, for example, as a tax to the government. 2. If a government or organization levies a tax or other sum of money, it demands it from people or organizations.
