Levy

A 'levy' is a mandatory imposition, typically of a tax, fine, or other assessment. It can also refer to the act of enacting or collecting such an imposition. Historically, it described the conscription of soldiers or the requisition of resources by a governing body. The term implies an official, often legally binding, demand for payment or contribution. The purpose of a Levy is to generate revenue, enforce rules, or mobilize resources for a specific goal or project.

Levy meaning with examples

• The government decided to Levy a new tax on luxury goods to fund the infrastructure project. This meant every item considered 'luxury' was now subject to an additional tax fee to help build new roads. This Levy was met with mixed reactions, with some people in favor and others opposed to the new tax.
• Due to the city's budget shortfall, the council voted to Levy a special assessment on property owners. The goal was to find more funding to keep libraries open to the public and to keep public transportation running. The property owner felt the Levy was unfair, but had no other options but to pay.
• Following the court ruling, the company was ordered to Levy a fine against the negligent manager. The hope was that this Levy would discourage similar unethical behavior in the future. The fine, of course, impacted the negligent manager and served as a strong example of how serious this was.
• During wartime, the king had the power to Levy troops from the populace to fortify the army. The Levy significantly increased the size of the army. While some citizens gladly helped, other people and villages fled the kingdom to avoid conscription. The war had a big impact on all.
• The city's planning commission voted to Levy a series of restrictions on new construction to preserve the historical character of the neighborhood. The Levy, designed to protect the character of the area, had an immediate effect on the city. Some builders were upset.