What's the difference between levy and wage?

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.

Wage


Definition:

  • (v. t.) To pledge; to hazard on the event of a contest; to stake; to bet, to lay; to wager; as, to wage a dollar.
  • (v. t.) To expose one's self to, as a risk; to incur, as a danger; to venture; to hazard.
  • (v. t.) To engage in, as a contest, as if by previous gage or pledge; to carry on, as a war.
  • (v. t.) To adventure, or lay out, for hire or reward; to hire out.
  • (v. t.) To put upon wages; to hire; to employ; to pay wages to.
  • (v. t.) To give security for the performance of.
  • (v. i.) To bind one's self; to engage.
  • (v. t.) That which is staked or ventured; that for which one incurs risk or danger; prize; gage.
  • (v. t.) That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation; -- at present generally used in the plural. See Wages.

Example Sentences:

  • (1) Wages for the population as a whole are £1,600 a year worse off than five years ago.
  • (2) The buses recently went up by 50p per journey, but my wages went up with national inflation which was pennies.
  • (3) The move would require some secondary legislation; higher fines for employers paying less than the minimum wage would require new primary legislation.
  • (4) Here's Dominic's full story: US unemployment rate drops to lowest level in six years as 288,000 jobs added Michael McKee (@mckonomy) BNP economists say jobless rate would have been 6.8% if not for drop in participation rate May 2, 2014 2.20pm BST ING's Rob Carnell is also struck by the "extraordinary weakness" of US wage growth .
  • (5) Although the unemployment rate is 4.8%, it can come down further without wage inflation starting to rise.
  • (6) "Due to much higher housing costs, one in seven of London's employees receives wages which are below the poverty threshold," says Mr Livingstone.
  • (7) But I hope 2015 will see the wage increases I expected to see this year.
  • (8) "While it seems possible that more will join the two MPC dissenters in coming months if wage growth picks up, it looks a long way to go before a majority on the MPC vote to raise interest rates," he said.
  • (9) Facebook Twitter Pinterest Columnist Jonathan Freedland and economics editor Larry Elliott discuss the late-night deal that the Greek prime minister Alexis Tsipras has agreed to When it comes to the now-abandoned Thessaloniki Programme, the radical manifesto on which Alexis Tsipras came to power, there is always talk of implementing it “from below”: that is, demanding so many workers’ rights inside the industries designated for privatisation that it becomes impossible; or implementing the minimum wage through wildcat strikes.
  • (10) In more than 30 years of elections, ruling parties have lost when real wages are falling and an opposition party only won once, in 1997, when real wages were rising.
  • (11) President Obama on Thursday proclaimed to be against endless wars, even as he announced that the US will continue to wage one.
  • (12) On his personal website, Miliband talks about the importance of the national minimum wage.
  • (13) For ambulance drivers, who earn significantly below the average UK wage, the figure is more than £1,800, the analysis found using the retail prices index (RPI) measure of inflation, which hit 2.5% in December .
  • (14) Bill Shorten has told the union royal commission he would “never be a party to issuing bogus invoices” as he rejected assertions that payments from employers to the Australia Workers’ Union created conflicts of interest during wage negotiations.
  • (15) Oregon’s governor on Wednesday signed trailblazing legislation that will raise the minimum wage to nearly $15 in six years, and do so through a three-tiered system that has not been tried anywhere else in the country.
  • (16) According to calculations by the Resolution Foundation, a couple with two children in which the husband works full-time and the wife works part-time on or just above minimum wage stand to lose a total of £720 a year by 2020.
  • (17) Around 70,000 people currently receive the minimum wage in Scotland.
  • (18) So we were proud in 1997 to put forward the case for Britain’s first minimum wage.
  • (19) Romanians making Polish wages go down.” Then he adds: “The Romanian, he not the worst.
  • (20) Port Vale are in deep financial trouble and their administrators will not let him pay half the player's wages.

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