Tax Meaning
/tæks/Definition, CEFR level A1, pronunciation, examples, and quiz.
Definition
nounMoney or goods collected by a government (or an entity to whom the government has delegated this power, e.g. in tax farming) to fund itself and its services, for example by levying a charge on income, purchases (sales), property or harvest, other than that money which is collected by the government in exchange for specific goods (e.g. the purchase of surplus vehicles).
nounA charge (of money, food, labor, etc) collected by a person, organization, etc; something required (exacted) from someone who is (really or notionally) under the control of the taxer, such as a contribution or service.
Sentence Examples
Word Origin & History
From Middle English taxe, from Middle French taxe, from Medieval Latin taxa, from Latin taxō (“to appraise, value, estimate; (medieval) to tax”). Doublet of task. Displaced native Old English gafol, which was also the word for “tribute” and “rent”.