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