Definition of levy noun in oxford advanced learner's dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. The meaning of levy is the imposition or collection of an assessment.

To implement comprehensive economic and social policies, the state must levy standardised taxes, keep systematic administrative records, and enforce uniform rules across its territory. To impose a tax, fine, or other punishment on (a person or business). To enlist or conscript into military service: Levy recruits. To declare and wage (a war). To confiscate property, especially in … An imposing or collecting, as of a tax, by authority or force.

To declare and wage (a war). To confiscate property, especially in … An imposing or collecting, as of a tax, by authority or force. See examples of levy used in a sentence. An amount of money that must be paid and that is collected by a government or other authority A levy is a legal process used by government agencies or creditors to seize property or assets from an individual or business to settle unpaid debts. Commonly imposed by tax authorities like the irs, a …

A levy is a legal process used by government agencies or creditors to seize property or assets from an individual or business to settle unpaid debts. Commonly imposed by tax authorities like the irs, a …