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Webster's Online English Dictionary

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excise


excise is a   Noun

Definition:

[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.]


Synonyms:


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