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levy

1 of 2

noun

plural levies
1
a
: the imposition or collection of an assessment
The government imposed a levy on gasoline.
b
: an amount levied
2
a
: the enlistment or conscription of men for military service
b
: troops raised by levy
turned green levies into fighting soldiers

levy

2 of 2

verb

levied; levying

transitive verb

1
a
: to impose or collect by legal authority
levy a tax
b
: to require by authority
2
: to enlist or conscript for military service
3
: to carry on (war) : wage

intransitive verb

: to seize property
levier noun

Example Sentences

Noun the legislators approved a new levy on imported cattle to help protect American ranchers Verb They levied a tax on imports. The government will levy a fine on the company.
Recent Examples on the Web
Noun
The current levy, which brings in $2,254,000 annually, expires at the end of 2023. John Benson, cleveland, 7 Sep. 2022 The accompanying property tax levy, with $76.5 million in total tax increases, passed 32-18, despite opposition from many aldermen from wards with more expensive homes, where residents are increasingly fed up with the property tax situation. John Byrne, Chicago Tribune, 1 Sep. 2022 The bus is currently funded through several revenue sources, including the county levy, state and federal aid, fares and national COVID relief funding through the end of 2023. Alex Groth, Journal Sentinel, 23 Aug. 2022 In giving to such a dark money group, Seid also avoided another federal levy, the gift tax, thanks to a change signed into law by President Barack Obama in 2015. Andrew Perez, ProPublica, 22 Aug. 2022 Under the loophole, a private equity manager's income can be taxed as a capital gain — a 23.8% levy — rather than regular income, which is taxed at 37.9%. Kyle Morris, Fox News, 6 Aug. 2022 While property assessments factor into property taxes, the tax levy — determined in the fall — plays even more of a role. Talis Shelbourne, Milwaukee Journal Sentinel, 11 May 2022 Holliman argued it’s a significant challenge to return something to the tax levy after its removal, especially with an impending financial crisis caused by the city’s pension system. Mary Spicuzza, Journal Sentinel, 15 Aug. 2022 German households face higher gas bills and will have to start paying an energy levy in the coming months, adding as much as 1,000 euros ($1,026) per year to the cost of living following Russia’s supply curbs. Fortune, 13 Aug. 2022
Verb
Russia has wielded its vast reserves of natural gas as a cudgel in recent months as Western countries funnel military and financial support to Ukraine and levy sanctions against Moscow. David Uberti, WSJ, 15 Sep. 2022 DublinIreland's data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million) against social network Instagram following an investigation into its handling of children's data, a spokesperson for the watchdog said. Reuters, CNN, 6 Sep. 2022 The state doesn’t have a sales tax to levy on industrial equipment and awards technology companies hundreds of millions of dollars every year in property tax breaks. oregonlive, 11 Aug. 2022 After the district completes an investigation and disciplines a teacher, the department of education may step in to levy additional penalties that impact the teacher’s official certification, Mackey said. al, 10 June 2022 For such a plan to work, state law requires voters to amend the Cuyahoga County charter to create a countywide municipality with exclusive authority to levy and collect income tax in the county. Zachary Smith, cleveland, 4 Sep. 2022 PCAs do not have the authority to file liens or to levy property or bank accounts, or to garnish wages. Amber Gray-fenner, Forbes, 29 June 2022 That November, people in Escambia County voted overwhelmingly for Mr. Trump – and overwhelmingly, by 61%, to levy a new property tax and create the Escambia Children’s Trust. Stephanie Hanes, The Christian Science Monitor, 8 Apr. 2022 An Alaska lawmaker is proposing retaliatory taxes on fish and oil exported from Alaska to Washington State after Washington lawmakers unveiled a plan to levy a 6-cent-per-gallon tax on fuel refined in Washington and exported to neighboring states. Iris Samuels, Anchorage Daily News, 22 Feb. 2022 See More

Word History

Etymology

Noun and Verb

Middle English, from Anglo-French levé, literally, raising, from lever to raise — more at lever

First Known Use

Noun

13th century, in the meaning defined at sense 1a

Verb

14th century, in the meaning defined at transitive sense 1a

Time Traveler
The first known use of levy was in the 13th century

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