Visual meaning of 'excise'? - learn with images, example in daily life

Visual illustration of excise: A tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). - Image 1

excise: A tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). - Thumbnail 1

excise: A tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). - Thumbnail 2

noun

A tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country).

"The excise on cigarettes is quite high in this country. "

economy government finance

Visual illustration of excise: To impose an excise tax on something. - Image 1

excise: To impose an excise tax on something. - Thumbnail 1

excise: To impose an excise tax on something. - Thumbnail 2

verb

To impose an excise tax on something.

"The government will excise a tax on sugary drinks to encourage healthier choices. "

government economy finance

Visual illustration of excise: To cut out; to remove. - Image 1

excise: To cut out; to remove. - Thumbnail 1

excise: To cut out; to remove. - Thumbnail 2

verb

To cut out; to remove.

"The surgeon had to excise the tumor from the patient's leg. "

action government business