levy - Meaning and Examples

Meaning of 'levy' (Webster Dictionary)

1 . Levy

[ n.]

- A name formerly given in Pennsylvania, Maryland, and Virginia to the Spanish real of one eighth of a dollar (or 12/ cents), valued at eleven pence when the dollar was rated at 7s. 6d.
- The act of levying or collecting by authority; as, the levy of troops, taxes, etc.
- That which is levied, as an army, force, tribute, etc.
- The taking or seizure of property on executions to satisfy judgments, or on warrants for the collection of taxes; a collecting by execution.

2 . Levy

[ v. i.]

- To seize property, real or personal, or subject it to the operation of an execution; to make a levy; as, to levy on property; the usual mode of levying, in England, is by seizing the goods.

3 . Levy

[ v. t.]

- To raise, as a siege.
- To raise; to collect; said of troops, to form into an army by enrollment, conscription, etc.
- To raise or collect by assessment; to exact by authority; as, to levy taxes, toll, tribute, or contributions.
- To gather or exact; as, to levy money.
- To erect, build, or set up; to make or construct; to raise or cast up; as, to levy a mill, dike, ditch, a nuisance, etc.
- To take or seize on execution; to collect by execution.

Meaning of 'levy' (Princeton's WordNet)

1 . levy

[ v]

Meaning (1):
- impose and collect

Example in sentence:

levy a fine

Meaning (2):
- cause to assemble or enlist in the military

Example in sentence:

raise an army;
recruit new soldiers

Nearby Words:

levana levant levanter levantine levari facias levation levator leve levee levee en masse

See 'levy' also in:

Dictionary.com Google Translator Wikipedia.com Merriam Webster

Mill Levy
The Mill Levy is the percentage of the assessed value that is taxed. It is computed by dividing the funds required for local authorities by the property’s estimated value...

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