Levy vs Taxation - What's the difference?
levy | taxation |
To impose (a tax or fine) to collect monies due, or to confiscate property
To raise or collect by assessment; to exact by authority.
* Shakespeare
To draft someone into military service
To raise; to collect; said of troops, to form into an army by enrolment, conscription. etc.
* Fuller
To wage war
To raise, as a siege.
(legal) To erect, build, or set up; to make or construct; to raise or cast up.
The act of levying.
* Thirlwall
The tax, property or people so levied.
* Macaulay
(US, obsolete, Pennsylvania, Maryland, Virginia) The Spanish real of one eighth of a dollar, valued at elevenpence when the dollar was rated at seven shillings and sixpence.
The act of imposing taxes and the fact of being taxed
* {{quote-news
, year=2012
, date=May 29
, author=John elkington
, title=Common threads in the Breakthrough Booklist
, work=the Guardian
A particular system of taxing people or companies
The revenue gained from taxes
*
As a proper noun levy
is : levy.As a noun taxation is
the act of imposing taxes and the fact of being taxed.levy
English
Etymology 1
From (etyl) leve'', from (etyl) ''levee'', from ''lever "to raise".Verb
(en-verb)- to levy a tax
- If they do this my ransom, then, / Will soon be levied .
- Augustine inflamed Ethelbert, king of Kent, to levy his power, and to war against them.
- (Holland)
- to levy a mill, dike, ditch, a nuisance, etc.
- (Cowell)
Noun
(levies)- A levy of all the men left under sixty.
- The Irish levies .
Etymology 2
Contraction of elevenpence.Noun
(levies)See also
* levee * Levi ----taxation
English
Noun
citation, page= , passage=Some of this will be down to breakthrough science and technology, breakthrough business models and breakthroughs in behaviour change, but we also need an intensifying focus on public policy, in areas like accounting, reporting and taxation , the last spotlighted by Shaxson.}}