intransitive verb
Definition: To impose or collect a tax, fee, or fine, often by authority or law.
Example: The government decided to levy a new tax on luxury goods.
noun
Definition: A charge or tax that is imposed or collected by an authority, often for public purposes.
Example: The government announced a new levy on sugary drinks to promote healthier choices.
transitive verb
Definition: To impose or collect something, such as a tax or a fine, usually by authority.
Example: The government decided to levy a new tax on luxury goods.