REGIE

Ré`gie", n. [F.]

1. Direct management of public finance or public works by agents of the government for government account; -- opposed to the contract system.

2. Specif.: The system of collecting taxes by officials who have either no interest or a very small interest in the proceeds, as distinguished from the ancient system of farming them out.

3. Any kind of government monopoly (tobacco, salt, etc.) used chiefly as a means of taxation. Such monopolies are largely employed in Austria, Italy, France, and Spain.

Source: Webster’s Unabridged Dictionary 1913 Edition

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