EXCISE

I. noun see: assize Date: 15th century an internal tax levied on the manufacture, sale, or consumption of a commodity, any of various taxes on privileges often assessed in the form of a license or fee, II. transitive verb (~d; excising) Date: 1652 to impose an ~ on, III. transitive verb (~d; excising) Etymology: Latin excisus, past participle of excidere, from ex- + caedere to cut Date: 1634 to remove by or as if by excision