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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Word of the Day

23 December 2024

QUANDONG

(noun) Australian tree having hard white timber and glossy green leaves with white flowers followed by one-seeded glossy blue fruit


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Coffee Trivia

Coffee starts as a yellow berry, changes into a red berry, and then is picked by hand to harvest. The red berry is de-shelled through a water soaking process and what’s left inside is the green coffee bean. This bean then dries in the sun for 3-5 days, where it is then packed and ready for sale.

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