What is another word for levy?

940 synonyms found

Pronunciation:

[ lˈɛvi], [ lˈɛvi], [ l_ˈɛ_v_i]

A levy is a commonly used term in the world of accounting and finance. It refers to the collection of taxes, fees, or other charges by a government or other authority. There are several synonyms for the word levy, including tax, duty, tariff, fee, charge, assessment, and impost. All of these terms refer to a sum of money that is collected from individuals or businesses. While the terms are often used interchangeably, they may have slightly different connotations depending on the context in which they are used. Regardless of the terminology used, levies are a necessary part of government revenue and play an important role in funding public services and programs.

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    Synonyms for Levy:

    How to use "Levy" in context?

    Levy, in tax law, is a type of tax whereby a tax is levied on the income or capital gains of a person, partnership, or corporation. The tax is determined by the amount of income or gain multiplied by a specified rate, usually a percentage.

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    Word of the Day

    detacher
    Synonyms:
    divider, segregator, Detailer, Divorcer, Estranger, Isolator, severer.