Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • intransitive verb To impose (a tax or fine, for example) on someone.
  • intransitive verb To impose a tax, fine, or other punishment on (a person or business).
  • intransitive verb To enlist or conscript into military service.
  • intransitive verb To declare and wage (a war).
  • intransitive verb To confiscate property, especially in accordance with a legal judgment.
  • noun The act or process of levying.
  • noun Money, property, or troops levied.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • verb To impose (a tax or fine) to collect monies due, or to confiscate property
  • verb To draft someone into military service
  • verb To wage war
  • noun The act of levying
  • noun The tax, property or people so levied

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

[Middle English levien, from leve, levy, tax, from Old French levee, from feminine past participle of lever, to raise; see lever.]

from Wiktionary, Creative Commons Attribution/Share-Alike License

From Anglo-Norman leve, from Old French levee, from lever "to raise".

Examples

  • The chancellor should drop his hyperbole about banks making a "fair contribution": the levy is a gentle measure.

    The banks have won after all

  • According to the group's charter, the decline in the levy is attributable to bookmakers exploiting loopholes in the existing legislation, such as moving their operations offshore and utilizing thresholds designed for small businesses to avoid paying levy.

    Jockeying Over Horseracing Funding

  • "In the end it all flows from prize money and the levy is the key contributor to prize money."

    Jockeying Over Horseracing Funding

  • The argument for the levy is the same one I made on a prior thread regarding whether people should buy school supplies for low-income children.

    Sound Politics: Your education dollars at work

  • As an active public library user and family member of the Friends of the Library, voting “yes” for the library levy is vital to me.

    Literacy News – 880th Edition « News « Literacy News

  • After lapsing on Jan. 1, 2010, the levy is slated to return on Jan. 1, 2011 — at a higher rate (55%) and lower exemption amount ($1 million) than in 2009, when, at 45%, it affected only estates valued at $3.5 million or more.

    Hurry Up And Fund That Trust

  • I suspect that the levy is being used to pay what had been paid by general funds in the past.

    In Recent Days There Have Been a Number of Assertions « PubliCola

  • Rod Roman, tax partner at Ernst & Young, said: "While the chancellor aims to achieve a simultaneous reduction in bank risk and an increase in tax revenue, he may find, at least as far as the levy is concerned, he only gets one effect: a reduction in bank risk as certain types of banking business increasingly get done outside of London and outside of UK headquartered banks".

    Spending review: banks appear to have wriggled off the hook

  • As an active public library user and family member of the Friends of the Library, voting “yes” for the library levy is vital to me.

    Literacy News – 879th Edition « News « Literacy News

  • The power that they wield appears flimsy — the most serious penalty they can levy is a rebuke to firms and individuals through public notices.

    Archive 2008-02-01

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