Levy

by | Jun 13, 2023 | Uncategorized | 4 comments

Levy (Noun)
Syllable division: levy
How to pronounce: UK: /ˈlev.i/ US: /ˈlev.i/

British VS American Pronunciation of the word Levy.

Meaning: A sum of money that you must pay to a government or entity, as a tax.
Example:
> No items existed to levy taxes on.
> They levied an additional 5% tax on alcoholic beverages.

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Property and Real Estate taxes which can be levied.

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4 Comments

  1. Nirvana
    Nirvana on June 13, 2023 at 3:24 am

    The rent payment was levied by the house owner.

  2. Naseema Adam
    Naseema Adam on June 13, 2023 at 2:38 pm

    My country levied an additional tax on plastic accessories and bags.

    New tax rules levied two rufiyaas for each bag from the customer.