Excise: meaning, definitions and examples
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excise
[ ˈɛksaɪz ]
taxation
A tax levied on certain goods and commodities produced or sold within a country and on licenses granted for certain activities.
Synonyms
Examples of usage
- The government imposed an excise on cigarettes to reduce smoking rates.
- Excise duties are often applied to alcohol and luxury goods.
taxation
To impose a tax on goods or activities.
Synonyms
impose a duty on, levy a charge on, tax
Examples of usage
- The government plans to excise imported cars to protect the local automotive industry.
- Excising sugary drinks could help reduce obesity rates.
Translations
Translations of the word "excise" in other languages:
🇵🇹 imposto sobre consumo
🇮🇳 उत्पाद शुल्क
🇩🇪 Verbrauchssteuer
🇮🇩 cukai
🇺🇦 акцизний збір
🇵🇱 podatek akcyzowy
🇯🇵 物品税
🇫🇷 droit d'accise
🇪🇸 impuesto de consumo
🇹🇷 tüketim vergisi
🇰🇷 소비세
🇸🇦 ضريبة الاستهلاك
🇨🇿 spotřební daň
🇸🇰 spotrebná daň
🇨🇳 消费税
🇸🇮 trošarina
🇮🇸 neysluverð
🇰🇿 акциз салығы
🇬🇪 აქციზის გადასახადი
🇦🇿 aksiz vergisi
🇲🇽 impuesto al consumo
Word origin
The word 'excise' originated in the 16th century from Middle Dutch 'excise', which meant 'a tax'. It was later influenced by Latin 'excisus', meaning 'cut out', due to the practice of cutting and removing items subject to duty. The term became widely used in the context of taxation and duties, especially on goods and activities within a country.