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The meaning of levy is the imposition or collection of an assessment An amount of money that must be paid and that is collected by a government or other authority How to use levy in a sentence.
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To implement comprehensive economic and social policies, the state must levy standardised taxes, keep systematic administrative records, and enforce uniform rules across its territory. A levy is a sum of money that you have to pay, for example as a tax to the government. To impose a tax, fine, or other punishment on (a person or business)
To enlist or conscript into military service
To declare and wage (a war) To confiscate property, especially in accordance with a legal judgment The act or process of levying Money, property, or troops levied.
An imposing or collecting, as of a tax, by authority or force. See examples of levy used in a sentence. Explore the legal concept of a levy, a critical tool in debt collection involving the seizure of property to satisfy financial obligations. Definition of levy noun in oxford advanced learner's dictionary
Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
There are seven meanings listed in oed's entry for the noun levy, one of which is labelled obsolete See ‘meaning & use’ for definitions, usage, and quotation evidence. A tax levy is a legal seizure of your property to satisfy a tax debt It is a powerful tool used by the internal revenue service (irs) to collect unpaid taxes.