Meaning of EXCISE
Pronunciation: | | [n]'eksIz, [v]ik'sIz, ik'sIz
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WordNet Dictionary |
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- [n] a tax that is measured by the amount of business done (not on property or income from real estate)
- [v] remove by cutting; "The surgeon excised the tumor"
- [v] remove by erasing or crossing out; "Please strike this remark from the record"
- [v] levy an excise tax on
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| Synonyms: | | excise tax, expunge, strike |
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| See Also: | | ad valorem tax, cancel, cut out, delete, gasoline tax, nuisance tax, revenue enhancement, sales tax, tax, tax, taxation, value-added tax, VAT | |
Webster's 1913 Dictionary |
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| Definition: | |
\Ex*cise"\, n. [Apparently fr. L. excisum cut off, fr.
excidere to cut out or off; ex out, off + caedere to cut; or,
as the word was formerly written accise, fr. F. accise, LL.
accisia, as if fr. L. accidere, accisum, to cut into; ad +
caedere to cut; but prob. transformed fr. OF. assise, LL.
assisa, assisia, assize. See {Assize}, {Concise}.]
1. In inland duty or impost operating as an indirect tax on
the consumer, levied upon certain specified articles, as,
tobacco, ale, spirits, etc., grown or manufactured in the
country. It is also levied to pursue certain trades and
deal in certain commodities. Certain direct taxes (as, in
England, those on carriages, servants, plate, armorial
bearings, etc.), are included in the excise. Often used
adjectively; as, excise duties; excise law; excise system.
The English excise system corresponds to the
internal revenue system in the United States.
--Abbot.
An excise . . . is a fixed, absolute, and direct
charge laid on merchandise, products, or
commodities. --11 Allen's
(Mass. ) Rpts.
2. That department or bureau of the public service charged
with the collection of the excise taxes. [Eng.]
\Ex*cise"\, v. t. [imp. & p. p. {Excised}; p. pr. & vb.
n. {Excising}.]
1. To lay or impose an excise upon.
2. To impose upon; to overcharge. [Prov. Eng.]
\Ex*cise"\, v. t. [See {Excide}.]
To cut out or off; to separate and remove; as, to excise a
tumor.
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Thesaurus Terms |
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| Related Terms: | | abscind, ad valorem duty, alcohol tax, amputate, amusement tax, annihilate, assessment on default, avulse, ax, ban, bar, bisect, bob, butcher, capital gains tax, capitation, capitation tax, carve, chop, cleave, clip, corporation tax, crop, cull, customs, customs duty, cut, cut away, cut in two, cut off, cut out, death duty, death tax, delete, deracinate, dichotomize, dig out, dig up, disentangle, dissever, dock, doomage, draw, draw out, dredge, dredge up, duty, elide, eliminate, enucleate, eradicate, estate duty, estate tax, evolve, evulse, excavate, except, excess profits tax, excise tax, exclude, export tax, expurgate, exsect, extinguish, extirpate, extract, extricate, federal tax, fissure, gabelle, gash, get out, gift tax, gouge out, grub up, hack, halve, head tax, hew, import tax, incise, income tax, inheritance tax, internal revenue tax, isolate, jigsaw, knock off, lance, land tax, liquor tax, local tax, lop, luxury tax, mine, mutilate, nip, nuisance tax, pare, peel, personal property tax, pick out, pluck out, pluck up, poll, poll tax, property tax, property-increment tax, protective tariff, provincial tax, prune, pull, pull out, pull up, quarry, rake out, rates, remove, rend, revenue tariff, rip out, rive, root out, root up, rule out, sales tax, salt tax, saw, school tax, scissor, set apart, set aside, sever, severance tax, shave, shear, slash, slice, slit, snip, specific duty, split, stamp out, state tax, strike off, strike out, strip, strip off, sunder, take off, take out, tariff, tariff duty, tear, tear out, telephone tax, truncate, unearth, unravel, uproot, use tax, value added tax, VAT, weed out, whittle, window tax, wipe out, withdraw, wrest out |
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