Unlevied

The term 'unlevied' refers to a state or condition where a tax, fee, or other charge has not been imposed or collected. This term is often used in legal and financial contexts to indicate an absence of assessment or obligation on the part of a taxpayer. In this sense, 'unlevied' signifies that no dues or levies have been enforced against an individual or entity.

Unlevied meaning with examples

• The business enjoyed a brief period of relief with the unlevied state of certain local taxes, allowing for reinvestment into its operations. This allowed the small company to expand its workforce and enhance its product line without the burden of immediate tax payments. The temporary unlevied status was a significant boost amidst tough economic conditions.
• Residents were relieved to hear that the new property assessment would remain unlevied until the next fiscal year, granting homeowners more time to adjust their budgets. This decision was welcomed by many in the community, as it provided financial breathing room and the possibility of exploring renovation projects without the stress of looming taxes.
• In the recent council meeting, the mayor announced that plans for a citywide service charge would remain unlevied due to ongoing financial assessments. The decision was met with applause, as many citizens were concerned about the potential impact on their monthly expenses. Such unlevied conditions highlighted the government's responsive approach to community needs.
• During the audit, it was revealed that the previous administration had left several accounts unlevied, which could result in significant loss of revenue for the city. As officials deliberated on how to address these oversights, it was clear that corrective measures needed to be implemented swiftly to avoid future discrepancies.
• The organization was in a fortunate position where its charitable contributions were allowed to remain unlevied for the coming tax period, enabling them to allocate more resources to their community programs. This strategic financial planning demonstrated the importance of understanding tax liabilities and maximizing potential benefits for nonprofit initiatives.