Background for levy

levy

/ˈlɛ.vi/

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noun

The act of levying.

Examples :

"The levy of new fees for extracurricular activities was announced at the school meeting. "

government politics economy finance ielts

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noun

The tax, property or people so levied.

Examples :

"The city's new property levy will increase taxes for homeowners. "

government politics economy finance law ielts

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verb

To impose (a tax or fine) to collect monies due, or to confiscate property.

Examples :

"to levy a tax"

government economy finance law politics ielts

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verb

To raise or collect by assessment; to exact by authority.

Examples :

"The school board levied a new tax to fund the new science lab. "

government politics finance economy law ielts

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verb

To draft someone into military service.

Examples :

"The government levied young men into the army during the war. "

military government war ielts

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verb

To raise; to collect; said of troops, to form into an army by enrollment, conscription. etc.

Examples :

"The government will levy a new tax on gasoline next year. "

government military politics law finance economy ielts

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verb

Examples :

"The kingdom decided to levy war against its neighboring state. "

military war ielts

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verb

To raise, as a siege.

Examples :

"The school board decided to levy a new tax to fund improvements to the athletic facilities. "

military war action ielts

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verb

To erect, build, or set up; to make or construct; to raise or cast up.

Examples :

"to levy a mill, dike, ditch, a nuisance, etc."

government politics finance ielts

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noun

The Spanish real of one eighth of a dollar, valued at elevenpence when the dollar was rated at seven shillings and sixpence.

Examples :

"The teacher announced a levy of five dollars for the class trip, equal to eleven pence according to the old exchange rate. "

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