levynoun [ C ]
uk/ˈlev.i/us/ˈlev.i/an amount of money, such as a tax, that you have to pay to a government or organization:
They imposed a five percent levy on alcohol.
Thesaurus: synonyms and related words
Taxation
- capital gains tax
- capitation
- chargeable
- corporation tax
- custom
- indirect tax
- inheritance tax
- National Insurance
- octroi
- overtax
- rateable value
- tax avoidance
- tax break
- tax credit
- tax exile
- tax-deductible
- tax-exempt
- VATable
- welfare state
- withholding tax
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levy
verb [ T ] ukus
A new tax was levied on consumers of luxury goods.