TAXATION

taxation

(noun) the imposition of taxes; the practice of the government in levying taxes on the subjects of a state

tax, taxation, revenue enhancement

(noun) charge against a citizen’s person or property or activity for the support of government

Source: WordNet® 3.1


Etymology

Noun

taxation (countable and uncountable, plural taxations)

The act of imposing taxes and the fact of being taxed.

A particular system of taxing people or companies

The revenue gained from taxes

Source: Wiktionary


Tax*a"tion, n. Etym: [F. taxation, L. taxatio a valuing, estimation, from L. taxare. See Tax.]

1. The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue.

2. (Law)

Definition: The act of taxing, or assessing a bill of cost.

3. Tax; sum imposed. [R.] Daniel.

4. Charge; accusation. [Obs.] Shak.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

29 April 2024

SUBDUCTION

(noun) a geological process in which one edge of a crustal plate is forced sideways and downward into the mantle below another plate


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