REGIES

REGIE

RĂ©`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

27 March 2025

SUCCESS

(noun) an event that accomplishes its intended purpose; “let’s call heads a success and tails a failure”; “the election was a remarkable success for the Whigs”


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Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

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