(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.
Subsidy
Definition:
(n.) Support; aid; cooperation; esp., extraordinary aid in money rendered to the sovereign or to a friendly power.
(n.) Specifically: A sum of money paid by one sovereign or nation to another to purchase the cooperation or the neutrality of such sovereign or nation in war.
(n.) A grant from the government, from a municipal corporation, or the like, to a private person or company to assist the establishment or support of an enterprise deemed advantageous to the public; a subvention; as, a subsidy to the owners of a line of ocean steamships.
Example Sentences:
(1) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
(2) The biggest single source of air pollution is coal-fired power stations and China, with its large population and heavy reliance on coal power, provides $2.3tn of the annual subsidies.
(3) The statistics underline the significant strides being taken by the industry to meet a government drive to reduce Britain's carbon emissions, although the scale of renewable energy subsidies remains controversial.
(4) Under pressure from many backbenchers, he has tightened planning controls on windfarms and pledged to "roll back" green subsidies on bills, leading to fears of dwindling support for the renewables industry.
(5) In Australia there are taxpayer subsidies to keep these plants open, whereas in the US, China and parts of Europe, the government is taking actual direct action to close them down,” Cousins said.
(6) The environment secretary, Liz Truss , has stripped farmers of subsidies for solar farms, saying they are a “blight” that was pushing food production overseas.
(7) The US farm bill is a multi-billion dollar piece of legislation that controls the federal government's spending on farm subsidies, food for the domestic poor, agriculture conservation programmes, and overseas food aid , among other things.
(8) He asked for details of farm subsidies paid to opposition politicians including the Welsh Tory leader, Andrew RT Davies, the Welsh Liberal Democrat chief, Kirsty Williams, and Plaid Cymru's Llyr Huws Gruffydd.
(9) But an industrialist embedded in his department told the Guardian that ministers were now internally questioning renewable power and other schemes that involved substantial public subsidies.
(10) That means eliminating fossil fuel subsidies as well.
(11) Families indicated that the subsidy was very helpful in meeting special needs and had improved family life, eased financial worries, and reduced stress.
(12) It is likely most simply cannot afford full unsubsidized premiums.” Similarly, an analysis by the Urban Institute predicts that many of those who will lose their subsidies won’t be able to afford it without them and will cancel their insurance as a result.
(13) In 2004, the dispute settlement body , the "judicial branch" of the WTO, ruled that the US had to reform its cotton subsidies or face "retaliation" from Brazil.
(14) They envisage cuts in farm support payments of more than €150,000 a year, with a cap set at €300,000, in order to devote more subsidy to smaller, family-run farms and ensure a fairer distribution of funds.
(15) Plus, unlike planet-screwing fossil fuels, solar could actually be subsidy-free in a few years.
(16) Npower blamed its planned rises on increases in wholesale gas and electricity costs and the cost of delivering government policies, such as smart metering and subsidies for renewable energy.
(17) A spokesman for SSE said: "It is unclear what subsidy is required to make investment in new nuclear work.
(18) UK renewable energy industry warns of legal action over subsidies Read more But the secretary of state is tasked with the destruction of this industry.
(19) It might sound like chump change, but the PTC alone amounts to $1 billion a year, and industry advocates insist that wind would hit the doldrums without these subsidies.
(20) Revealing how far taxpayers fund the private sector is not the same thing as saying the private sector should not receive any public subsidy at all.