Tax Word Meaning

Word: Tax
Speech Type: Noun
Etymology:

Middle English (also in the sense ‘estimate or determine the amount of a penalty or damages’, surviving in tax (sense 4 of the verb)): from Old French taxer, from Latin taxare ‘to censure, charge, compute’, perhaps from Greek tassein ‘fix’

Audio Pronunciation:
Phonetic Spelling: taks
Dialects: British English
Definition:

a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions

Short Definition:

compulsory contribution to state revenue, levied by government on workers' income and business profits

Examples:
  • higher taxes will dampen consumer spending
  • a tax on fuel
  • they will have to pay tax on interest earned by savings
  • a tax bill
  • tax cuts
Definition:

a strain or heavy demand

Short Definition:

strain or heavy demand

Examples:
  • a heavy tax on the reader's attention
Word: Tax
Speech Type: Verb
Audio Pronunciation:
Phonetic Spelling: taks
Dialects: British English
Definition:

impose a tax on (someone or something)

Short Definition:

impose tax on

Examples:
  • the income will be taxed at the top rate
Definition:

make heavy demands on (someone's powers or resources)

Short Definition:

make heavy demands on

Examples:
  • she knew that the ordeal to come must tax all her strength
Definition:

confront (someone) with a fault or wrongdoing

Short Definition:

confront someone with fault or wrongdoing

Examples:
  • why are you taxing me with these preposterous allegations?
Definition:

examine and assess (the costs of a case)

Short Definition:

examine and assess

Examples:
  • an officer taxing a bill of costs

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