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taxation

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Taxation is the process by which the government collects money from people to use for government purposes.

(noun)

When the government charges a tax on income earned, products purchased, and property owned, this is an example of taxation.

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See taxation in Webster's New World College Dictionary

noun

a taxing or being taxed
a tax or tax levy
revenue from taxes

Origin: ME taxacion < MFr taxation < L taxatio < pp. of taxare: see tax

See taxation in American Heritage Dictionary 4

noun

a. The act or practice of imposing taxes.
b. The fact of being taxed.
An assessed amount of tax.
Revenue gained from taxes.

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