What's the difference between draft and levy?

Draft


Definition:

  • (a.) Pertaining to, or used for, drawing or pulling (as vehicles, loads, etc.). Same as Draught.
  • (a.) Relating to, or characterized by, a draft, or current of air. Same as Draught.
  • (v. t.) To draw the outline of; to delineate.
  • (v. t.) To compose and write; as, to draft a memorial.
  • (v. t.) To draw from a military band or post, or from any district, company, or society; to detach; to select.
  • (v. t.) To transfer by draft.

Example Sentences:

  • (1) GlaxoSmithKline was unusually critical of the decision by Nice, the National Institute for Health and Clinical Excellence, and also the Scottish Medicines Consortium, to reject its drug belimumab (brand name Benlysta) in final draft guidance.
  • (2) Hopes of a breakthrough are slim, though, after WTO members failed to agree a draft deal to rubber-stamp this week.
  • (3) In fact, the lowest-rated game of last year's World Series between the Giants and the Tigers edged out the opening round of the draft by only 2.4 million viewers.
  • (4) Stray bottles were thrown over the barriers towards officers to cheers and chants of: “Shame on you, we’re human too.” The Met deployed what it described as a “significant policing operation”, including drafting in thousands of extra officers to tackle expected unrest, after previous events ended in arrests and clashes with police across the centre of the capital.
  • (5) However, the law minister indicated he would allow the supreme court to approve a draft of the letter.
  • (6) The Baseball Hall of Famer Barry Larkin's son Shane, who clearly had the more imaginative father of the three, was drafted 18th; he'll be playing for the Dallas Mavericks.
  • (7) Despite his misgivings, Griffith-Jones agreed to draft new legislation that sanctioned beatings, as long as the abuse was kept secret.
  • (8) The airport drafted in extra staff to help passengers.
  • (9) Aware that her press secretary, Bernard Ingham, a former labour correspondent for the Guardian who understood the range of attitudes within trade unions, had tried to soften the impression that she saw Kinnock as another General Galtieri [Argentina’s president during the Falklands war], the draft text tried to distinguish between unions, rival parties and what the final text (the one she actually delivered) called “an organised revolutionary minority” with their “outmoded Marxist dogma about class warfare”.
  • (10) At the time MPs were debating a draft bill outlining the unpopular economic reforms that will have to be imposed.
  • (11) Chilcot has now embarked on the “Maxwellisation process”, whereby those the inquiry intends to criticise will be sent draft passages of the report for comment.
  • (12) Castin' makes me feel good: Ghostbusters' diverse team is a victory Read more Dan Aykroyd heralds Ghostbusters cast as 'most magnificent women in comedy' Read more “There’s three drafts of the old concept that exists,” said Aykroyd.
  • (13) UK in denial over Saudi arms sales being used in Yemen, claims Oxfam Read more A previous draft report prepared by the arms export controls select committee was set to call for a suspension of UK arms sales to Saudi pending an independent investigation into the way the Saudi-led coalition was conducting a bombing campaign in Yemen.
  • (14) Recently, social phobia has been described in DSM-III and in International Classification of Diseases (ICD)-10 (1986 Draft), as a diagnostic entity and classified under the anxiety disorders.
  • (15) Indeed, he was invited to help draft Johnson's first state of the union speech.
  • (16) Greece's desperate plight hovers over the meeting, although formally there is no mention of Greece on the agenda or in the statements drafted for the meeting.
  • (17) Even so, Dinsmore, known to colleagues in Scotland for being very cool and disciplined, was soon drafted down to Wapping to become the Sun's managing editor in London as new senior staff were brought in after the sudden closure of the News of the World.
  • (18) One of the criticisms of Obama is that instead of asking vice-president Joe Biden to oversee a task force looking at proposals for reform in January and then leaving Congress to come up with a draft bill, he should have pushed his own set of proposals when emotions were still raw.
  • (19) The draft released last Monday had been hailed by some church observers and gay rights groups as “a stunning change” in how the Catholic hierarchy talked about gay people.
  • (20) "We have done everything humanly possible to ensure that every stage of drafting, every stage of comments and expert reviews carried out, that we look for any potential error or any source of information that might not carry the highest levels of credibility," he said.

Levy


Definition:

  • (n.) A name formerly given in Pennsylvania, Maryland, and Virginia to the Spanish real of one eighth of a dollar (or 12/ cents), valued at eleven pence when the dollar was rated at 7s. 6d.
  • (n.) The act of levying or collecting by authority; as, the levy of troops, taxes, etc.
  • (n.) That which is levied, as an army, force, tribute, etc.
  • (n.) The taking or seizure of property on executions to satisfy judgments, or on warrants for the collection of taxes; a collecting by execution.
  • (v. t.) To raise, as a siege.
  • (v. t.) To raise; to collect; said of troops, to form into an army by enrollment, conscription, etc.
  • (v. t.) To raise or collect by assessment; to exact by authority; as, to levy taxes, toll, tribute, or contributions.
  • (v. t.) To gather or exact; as, to levy money.
  • (v. t.) To erect, build, or set up; to make or construct; to raise or cast up; as, to levy a mill, dike, ditch, a nuisance, etc.
  • (v. t.) To take or seize on execution; to collect by execution.
  • (v. i.) To seize property, real or personal, or subject it to the operation of an execution; to make a levy; as, to levy on property; the usual mode of levying, in England, is by seizing the goods.

Example Sentences:

  • (1) The industry will pay a levy of £180m a year, or the equivalent of £10.50 a year on all household insurance policies.
  • (2) With grievous amazement, never self-pitying but sometimes bordering on a sort of numbed wonderment, Levi records the day-to-day personal and social history of the camp, noting not only the fine gradations of his own descent, but the capacity of some prisoners to cut a deal and strike a bargain, while others, destined by their age or character for the gas ovens, follow "the slope down to the bottom, like streams that run down to the sea".
  • (3) The levy would also confirm the dramatically changing nature of Pakistan's ties with its western partners, from a strategic alliance to a transactional relationship, with deep suspicions on both sides.
  • (4) Only appropriations bills and the deficit levy on high income earners are certain to pass.
  • (5) The chancellor has stated that such levies will also be introduced in France and Germany.
  • (6) The sanctions that could be levied in the aftermath of the Geneva meeting were expected to focus on Putin's close associates, including oligarchs who control much of Russia's wealth, as well as businesses and other entities they control.
  • (7) The Treasury was adamant last night that this would not be the impact at an industry level and produced figures that showed, for instance, in 2014-15, the corporation tax costs being £0.4bn, compared with a bank levy yield of £2.4bn.
  • (8) He echoed what Paul Dillinger, head of global product innovation at Levi Strauss, said earlier in the day when he challenged designers to rethink their design processes.
  • (9) The £180m a year scheme is to be paid for by a £10.50 levy on all home insurance, from homeowners who are not at elevated risk of flooding as well as those who are.
  • (10) Asked if the government security agencies would be inspecting the site, Levy said: “Yes, of course.
  • (11) The sugar tax was greeted with hostility by the industry and Wright argues that the levy, introduced by the chancellor in the budget , will be undermined by flawed analysis of its impact.
  • (12) Daniel Levy, the chairman, was, according to sources, incandescent and there is the firm belief at Tottenham that Chelsea did not truly want Willian.
  • (13) Levies exist in many European countries and Canada, and Ofcom highlighted them as one of four main ideas in its PSB review earlier this year.
  • (14) The chancellor, while prepared to listen to the banking industry, is determined to push through regulatory changes, such as the new bank levy.
  • (15) Miliband says he does not want union levy payers disenfranchised from the Labour party elections, but is happy to look at how the relationship could be reformed.
  • (16) The soft drinks industry levy was confirmed in the Queen’s speech, with the formal consultation expected to start soon.
  • (17) I can’t think of any reason to justify a 1.5% levy on businesses for childcare purposes.” The Australian Industry Group also called for a clarification that the levy was not going to be redirected.
  • (18) The penalties levied on Barclays are part of an international investigation involving a number of banks – including RBS and Lloyds Banking Group – into interest rates known as the London interbank offered rate (Libor) and the Euro interbank offered rate (Euribor).
  • (19) This year the total bonus pool since the 2008 crash will break through the £80bn barrier – around three and a half times the amount banks have paid in Corporation tax and the bank levy (pdf) .
  • (20) He added: "The levy has been designed to encourage less risky funding and complements the wider agenda to improve regulatory standards and enhance financial stability.