Definitions

from the GNU version of the Collaborative International Dictionary of English

  • n. Direct management of public finance or public works by agents of the government for government account; -- opposed to the contract system.
  • n. The system of collecting taxes by officials who have either no interest or a very small interest in the proceeds, as distinguished from the ancient system of farming them out.
  • n. Any kind of government monopoly (tobacco, salt, etc.) used chiefly as a means of taxation. Such monopolies are largely employed in Austria, Italy, France, and Spain.

from The Century Dictionary and Cyclopedia

  • n. A revenue department, as in France and other countries, which controls, among other things, the purchase and sale of tobacco.

Etymologies

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