Meaning of the word excise in English

What does excise mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

excise

US /ˈek.saɪz/
UK /ˈek.saɪz/

Noun

1.

a tax levied on certain goods and commodities produced or sold within a country and on licenses granted for certain activities.

Example:
excise taxes on cigarettes

Verb

1.

charge excise on (goods).

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