excise 1
noundomain: possession
Princeton WordNet [ver.3.1]
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EnglishDefinition
a tax that is measured by the amount of business done (not on property or income from real estate)
Hypernym
indirect tax 1
noun
a tax levied on goods or services rather than on persons or organizations
EnglishDerivationally related form
excise 2
verb
levy an excise tax on
Hyponym
sales tax 1
noun
a tax based on the cost of the item purchased and collected directly from the buyer
VAT 1
noun
a tax levied on the difference between a commodity's price before taxes and its cost of production
gasoline tax 1
noun
a tax on every gallon of gasoline sold
