Levy ( verb , noun )

(As a verb)

Levy ( verb )

1. To impose and collect a tax, duty, or fine.
2. To raise or collect funds or resources for a specific purpose.

Origin:

From middle english levien, from old french lever, from latin levare ("to lift, rais.e")

Examples:

1. The government levied a new tax on gasoline to fund road construction.
2. The city levied a fine on businesses that did not comply with the new recycling regulations.
3. The country levied a tax on all imported goods to support domestic industries.
4. The company levied a charge on all its employees for health insurance.
5. The court levied a fine on the company for violating environmental regulations.

(As a noun)

Levy ( noun )

1. To impose and collect a tax, duty, or fine.
2. To raise or collect funds or resources for a specific purpose.

Origin:

From middle english levien, from old french lever, from latin levare ("to lift, rais.e")

Examples:

1. The government levied a new tax on gasoline to fund road construction.
2. The city levied a fine on businesses that did not comply with the new recycling regulations.
3. The country levied a tax on all imported goods to support domestic industries.
4. The company levied a charge on all its employees for health insurance.
5. The court levied a fine on the company for violating environmental regulations.