What is the meaning of levied?
Meaning of levied in English (of a government or organization) to demand an amount of money, such as a tax, from a person or organization: A new tax was levied on consumers of luxury goods. The City Council can levy a fine of $250 for a first offence. The proposal would allow the school to levy additional fees.
How do you use levied in a sentence?
Levied sentence example
- Everyone chuckled but Kris, who levied a glare at him.
- It continued to be levied until 1163, in which year the name Danegeld appears for the last time in the Rolls.
Does levied mean collected?
The noun levy refers to a charge, such as a tax, fine, or other fee, that is imposed on something. The verb levy is used to describe the act of imposing or collecting the charge. If you need to raise money, for example, you may decide to levy a fine on your family every time you have to make the coffee in the morning.
What is the plural form of levy?
levy. Plural. levies. The plural form of levy; more than one (kind of) levy.
What are levies used for?
Levies can be applied for a number of purposes, most prominently being: Repair, upkeep, management and administration of the scheme’s common property. Payment of taxes (if units are not taxed separately) and other local authority charges for electricity, gas, water, etc. of the common property.
Is it levy or levee?
If you are talking about a river or flood water, you will use levee. Levee can also be used to talk about a formal reception for someone. If you are talking about taxes or military service, you will use levy. Similarly, if you are talking about a penalty, you need to use levy.
What is the plural of levy?
What is levied tax?
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt.
Is Levys a word?
Yes, levy is in the scrabble dictionary.
What is a levy statement?
A levy statement is an invoice from the body corporate sent to each of its members indicating what they are liable to pay. This invoice should be clear and concise with regards to what is due and payable.