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English definition of “levy”

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levy

noun [C]
 
 
/ˈlevi/ ( plural levies) FINANCE, TAX
an amount of money, such as a tax, that has to be paid to a government or organization: The financial authority is to impose a levy on every financial product sold.be exempt from/pay a levy Social Security income that resides in a bank account is exempt from a levy.abolish/end a levy The government plans to abolish a levy on equities trading. →  Compare capital tax , import duty
Translations of “levy”
in Spanish recaudación…
in French levée, taxation…
in German die Erhebung…
in Chinese (Traditional) 徵收額, 稅款…
in Chinese (Simplified) 征收额, 税款…
(Definition of levy noun from the Cambridge Business English Dictionary © Cambridge University Press)
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