Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “excise duty”

excise duty

noun [C or U]     UK ( US excise tax) TAX
a tax on some types of goods such as alcohol, cigarettes, or petrol paid to a national or state government: excise duty/tax on sth a 5% excise duty on cigarettes Motorists can save about two thirds of the vehicle excise duty by choosing a cleaner car. Spending on the program will be paid for by raising the federal excise tax on tobacco.
(Definition of excise duty noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of excise duty

Word of the Day

exercise

physical activity that you do to make your body strong and healthy

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More