Imposable
Imposable refers to something that can be imposed or enforced, particularly in the context of taxes, duties, or obligations. It describes conditions or rules that can be applied or enforced upon individuals, communities, or entities. The term is often used in legal, financial, or regulatory frameworks, indicating that specific responsibilities, costs, or penalties can be levied or executed under certain circumstances.
Imposable meaning with examples
- The government announced a new policy that made additional taxes imposable on luxury goods. This decision stirred controversy as many argued it unfairly targeted higher-income individuals while not addressing the needs of lower-income households. Critics believed that imposing such taxes could lead to a decrease in consumer spending, ultimately harming the economy as a whole. Nevertheless, the administration stood firm, asserting that the revenue generated would support essential public services.
- In the courtroom, the judge stated that the terms of the contract were imposable upon both parties once they signed. This meant that each party was legally bound to fulfill their respective duties as outlined, regardless of personal circumstances. Failure to adhere to the stipulations could lead to legal disputes and potential penalties. Both individuals left the courtroom with a clearer understanding of their rights and responsibilities as stipulated by the legal agreement.
- During the financial seminar, the expert explained how various fees are imposable on borrowers who fail to make timely payments on loans. These additional charges can accumulate quickly, putting undue financial strain on individuals. The expert highlighted the importance of understanding the terms of borrowing and the potential costs associated with missing deadlines. Participants were encouraged to create budgets to manage their finances effectively and avoid the imposition of these fees.
- As local governments debate new zoning laws, many residents voiced concerns about regulations deemed imposable without proper consultation. Town hall meetings became a platform for citizens to express their unease over the potential impacts on property rights and community development. Activists argued that changes should only be made with full community engagement, ensuring that any new regulations would align with the residents' needs and foster a sense of inclusion.