Dictionary
Dictionary
Excise — definition & meaning
Word Type Definition Excise n. 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.
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