Levied Meaning and Definition
Levied
Pronunciation
/ˈlɛvɪd/
Part of Speech
Noun
Definition
A sum of money paid as a fine or penalty, often forcibly extracted from an individual or group, often in the form of taxes, tributes, or other forms of compensation.
Examples
- The government levied a tax on sugar to reduce consumption.
- The company was forced to levied a fine for breaking environmental regulations.
Synonyms
- Impose
- Exaction
Antonyms
- Note
- Payment
Etymology
The word “Levied” comes from the Latin “levare”, meaning “to lift” or “to raise”, and is derived from the practice of raising or collecting tribute or taxes from individuals or groups.
Additional Information
Levied is often associated with forced or involuntary payments, and can have negative connotations. In economic contexts, levied can refer to the imposition of taxes, duties, or other forms of revenue extraction by governments or authorities. In historical contexts, levied can refer to the practice of extracting tribute or plunder from conquered territories or populations.
Usage Notes
Levied is often used in formal or official contexts, such as government decrees, financial reports, or diplomatic correspondence. It can also be used in more general contexts, such as business or economic discussions.
Cultural References
- In the biblical story of the Hebrews leaving Egypt, the Egyptians levied a tax on the Hebrews before their exodus.
- In the novel “1984” by George Orwell, the government levied a tax on the population to fund its war efforts.
Idiomatic Expressions or Phrases
- To “levy taxes” means to impose taxes or other forms of revenue extraction.
- To “be levied” means to be subjected to taxes, duties, or other forms of financial burden.
Related Words or Phrases
- Tax
- Tribute
- Duty
Collocations
- Levied taxes
- Forced levies
- Levied penalties
Frequency of Use
Levied is a relatively infrequent word, but it is still used in various contexts, including finance, economics, and history.
Common Misspellings
- Leaved
- Levyed