Impost vs Exaction - What's the difference?
impost | exaction | Related terms |
A tax, tariff or duty that is imposed, especially on merchandise.
* 2002 , , The Great Nation , Penguin 2003, p. 56:
The top member of a pillar, pier, wall, etc., upon which the weight of an arch rests.
(horse racing, slang) The weight that must be carried by a horse in a race, the handicap.
The act of demanding with authority, and compelling to pay or yield; compulsion to give or furnish; a levying by force; a driving to compliance; as, the exaction to tribute or of obedience; hence, extortion.
That which is exacted; a severe tribute; a fee, reward, or contribution, demanded or levied with severity or injustice.
Impost is a related term of exaction.
As nouns the difference between impost and exaction
is that impost is a tax, tariff or duty that is imposed, especially on merchandise or impost can be the top part of a column or pillar that supports an arch while exaction is the act of demanding with authority, and compelling to pay or yield; compulsion to give or furnish; a levying by force; a driving to compliance; as, the exaction to tribute or of obedience; hence, extortion.impost
English
Etymology 1
From (etyl) impost, from (etyl) impositus, past participle of .Noun
(en noun)- New universal direct taxes had to be introduced [...], while the burden of indirect taxes was also made heavier, with new imposts being levied on an ensemble of items ranging from playing cards to wigs.
