Meaning of EXCISE in English

[ex.cise] n [obs. D excijs (now accijus), fr. MD, prob. modif. of OF assise session, assessment--more at assize] (15c) 1: an internal tax levied on the manufacture, sale, or consumption of a commodity

2: any of various taxes on privileges often assessed in the form of a license or fee

[2]ex.cise vt ex.cised ; ex.cis.ing (1652): to impose an excise on [3]ex.cise vt ex.cised ; ex.cis.ing [L excisus, pp. of excidere, fr. ex- + caedere to cut] (1634): to remove by or as if by excision

Merriam-Webster English vocab.      Английский словарь Merriam Webster.