Definition, Meaning & Synonyms
levies
noun
/ˈlevēz/
Definition
Levies are amounts collected or imposed as taxes or fees.
Examples
- The government announced new levies on luxury goods.
- In times of war, the state often imposes higher levies to fund military efforts.
- Property levies can be a significant expense for homeowners.
Meaning
Levy refers to the act of collecting taxes or imposing a charge on something. It can also describe the specific amount charged as a tax or fee.
Synonyms
- taxes
- charges
- dues
- assessments
- impositions
