excise tax

Variant of excise

noun

  1. a tax or duty on the manufacture, sale, or consumption of various commodities within a country, as liquor, tobacco, etc.
  2. a fee paid for a license to carry on certain occupations, sports, etc.

Origin: altered (after excise) < earlier accise < MDu accijs, earlier assijs < OFr assise: see assize

transitive verb excised, excising

to put an excise on
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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