EXCISE


Meaning of EXCISE in English

I. ˈekˌsīz also -īs sometimes ekˈs- or ikˈs- noun

( -s )

Usage: often attributive

Etymology: obsolete Dutch accijs, excijs (now accijus ), from Middle Dutch excijs, probably modification of Old French assise session, settlement, assessment, tax — more at assize

1. or excise tax

a. obsolete : duty , toll , tax

b. : an internal tax, duty, or impost levied upon the manufacture, sale, or consumption of a commodity within a country and usually forming an indirect tax that falls on the ultimate consumer

c. : any of various duties or fees levied on producers of excisable commodities

d. : any of various taxes upon privileges (as of engaging in a particular trade or sport, transferring property, or engaging in business in a corporate capacity) that are often assessed in the form of a license or other fee

2. : a former department or bureau of the British public service charged with collection of the excise taxes and now merged in the Bureau of Customs and Excise

II. transitive verb

( -ed/-ing/-s )

1. : to lay or impose an excise upon

2. now dialect Britain : to impose upon : overcharge

III. (ˈ)ek|sīz, ikˈs- transitive verb

( -ed/-ing/-s )

Etymology: Latin excisus, past participle of excidere, from ex- ex- (I) + -cidere (from caedere to cut) — more at concise

1. : to cut out

excise a tumor

: remove by or as if by cutting out : resect , extirpate — compare amputate

2. : to make an excision in : hollow out — used chiefly as a participial adjective

antenna bases excised

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.