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Definition of levy
levies
1a : the imposition or collection of an assessment The government imposed a levy on gasoline.b : an amount levied
2a : the enlistment or conscription of men for military serviceb : troops raised by levy turned green levies into fighting soldiers
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Examples of levy in a Sentence
the legislators approved a new levy on imported cattle to help protect American ranchers
Recent Examples of levy from the Web
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In Dutchess County, 37 percent of the county tax levy, roughly $40 million, goes to the state for Medicaid.
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Trump's business model mirrors that of virtually all her competitors in the apparel industry: use low foreign wages and minimal import levies to maximize profits.
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Without giving anything away, just know that once the tear duct levies break, there’s no going back.
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This fall, a transit tax will go into effect to raise $54 million annually from Marion County residents through a levy that will cost $100 per year for every $40,000 of income.
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And both would repeal an array of taxes that have helped to pay for the ACA's benefits, including levies on health insurers and on wealthy Americans' investment income.
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The bill contains elements that will immediately be seen as wins for some companies—particularly the repeal of a tax on health-insurance plans and of a levy on medical devices, both of which have been strongly opposed by those businesses.
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Starting next year, soda drinkers will pay more for their sugar fix in Seattle — the latest city to impose a levy a tax on sweetened drinks as the debate surrounding the idea shifts to dollars and cents instead of ounces and pounds.
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In addition to the regular monthly board meetings, there will be three special sessions to review the tax levy and budget, and update the district's five-year financial forecast.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'levy'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of levy
Middle English, from Anglo-French levé, literally, raising, from lever to raise — more at lever
Other Economics Terms
Examples of levy in a Sentence
They levied a tax on imports.
The government will levy a fine on the company.
Recent Examples of levy from the Web
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If the eight citations from FIFA and fines totaling around $124,000 levied against FMF are any indication, Abrazados por el Fútbol hasn’t been very effective.
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DPSCD spokeswoman Chrystal Wilson previously told the Free Press that the new school district does not levy taxes and receives full funding from the state.
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Taken together, the criticisms levied by Johnson, Paul, Collins, Senator Dean Heller of Nevada, and others would appear to be irreconcilable.
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TARC currently operates on a $73 million annual budget, about $43 million of which is provided by a trust fund fueled by a two-tenths of a 1 percent occupational tax levied on people who work in Metro Louisville.
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The New York Times reports that the Senate’s bill maintains the deep Medicaid cuts proposed by the House and ends the taxes the Affordable Care Act levied to pay for an expansion of health care access.
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The county's ordinance currently levies a $50 franchise fee of tow operators, and a $75 fee paid to the county for each tow conducted under the terms of the contract.
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The criticism was levied in an open letter released back in April whose signees included the likes of Thurston Moore, Tunde Adebimpe, and Roger Waters.
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That compares to a Toronto Real Estate Board estimate of fewer than 5 percent of foreign buyers last year in its region, where demand slowed after policymakers introduced a foreign buyers levy last month.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'levy'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of levy
see 1levy
LEVY Defined for English Language Learners
levy
playDefinition of levy for English Language Learners
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: an amount of money that must be paid and that is collected by a government or other authority
levy
Definition of levy for English Language Learners
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: to use legal authority to demand and collect (a fine, a tax, etc.)
LEVY Defined for Kids
Definition of levy for Students
levies
: something (as taxes) collected by authority of the law
Law Dictionary
Legal Definition of levy
levies
1 : an act of levying: as a : the imposition or collection of a tax b : the seizure according to a writ of execution of real or personal property in a judgment debtor's possession to satisfy a judgment debt
2 : an amount levied : tax providing for a levy of 3% on income up to $10,000 — D. Q. Posin
levy
Legal Definition of levy
levied
levying
transitive verb
1 : to impose or collect (as a tax or fine) with authority allow it to levy stiffer penalties for some safety violations — National Law Journal
2 : to enforce or carry into effect (a writ of execution) — compare attach, garnish
intransitive verb
: to enforce a writ of execution or attachment; specifically : to make a seizure of real or personal property in a judgment debtor's possession they might as a last resort levy on his merchandise — J. J. White and R. S. Summers
Learn More about levy
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See words that rhyme with levy Thesaurus: All synonyms and antonyms for levy Spanish Central: Translation of levy Nglish: Translation of levy for Spanish speakers Britannica English: Translation of levy for Arabic speakers
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