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The meaning of levy is the imposition or collection of an assessment A levy is a sum of money that you have to pay, for example as a tax to the government. How to use levy in a sentence.
To implement comprehensive economic and social policies, the state must levy standardised taxes, keep systematic administrative records, and enforce uniform rules across its territory. A property levy may also be issued when a creditor sues a debtor for amounts owed on the debt that was agreed upon between the two parties. To impose a tax, fine, or other punishment on (a person or business)
To enlist or conscript into military service
To declare and wage (a war) To confiscate property, especially in accordance with a legal judgment The act or process of levying Money, property, or troops levied.
An imposing or collecting, as of a tax, by authority or force. See examples of levy used in a sentence. Levy, lévy or levies may refer to A levy (plural levies) is a military force raised (levied) in a particular manner.
Definition of levy noun in oxford advanced learner's dictionary
Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Quotations to levy a tax To initiate a levy, creditors must serve documents on the bank or financial institution where your account is held The bank then freezes or puts a hold on the funds subject to the levy.
The irs may levy assets such as wages, bank accounts, real property, vehicles, and other personal property in order to collect unpaid taxes that are overdue
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