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The meaning of levy is the imposition or collection of an assessment Explore the legal concept of a levy, a critical tool in debt collection involving the seizure of property to satisfy financial obligations. How to use levy in a sentence.
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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 levy (plural levies) is a military force raised (levied) in a particular manner. 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. A levy is a legal seizure of your property to satisfy a tax debt Levies are different from liens
A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt.
Levy, lévy or levies may refer to
