Pronunciation: /ˈlɛvi/
noun a tax or fee imposed by a government or authority
A1 The government imposed a levy on imported goods.
A2 The company had to pay a levy for using the public parking lot.
B1 The city council decided to increase the levy on property taxes.
B2 The trade agreement included a provision for a levy on certain exports.
C1 The levy on luxury items was met with resistance from the wealthy elite.
C2 The company was fined for not properly reporting the levy collected from customers.
verb to impose or collect a tax or fee
A1 The government levies a tax on imported goods.
A2 The company decided to levy a fine for late payments.
B1 The city council plans to levy a fee for parking in certain areas.
B2 The court can levy a penalty for violating the terms of the contract.
C1 The board of directors has the authority to levy sanctions against employees.
C2 The international organization can levy tariffs on countries that violate trade agreements.
formal The government decided to levy a new tax on luxury goods.
informal They're going to levy a fine if you don't pay your parking ticket on time.
slang I can't believe they're going to levy a fee for using the ATM at that bank!
figurative The weight of responsibility seemed to levy a heavy burden on his shoulders.
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