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English definition of “levy”

levy

noun [C] uk   /ˈlev.i/ us  
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.Taxation
levy
verb [T] uk   us  
A new tax was levied on consumers of luxury goods.Taxation
(Definition of levy from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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