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
23 January 2025
LEFT
(adjective) being or located on or directed toward the side of the body to the west when facing north; “my left hand”; “left center field”; “the left bank of a river is bank on your left side when you are facing downstream”
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