EXCISE


Meaning of EXCISE in English

(n.) In inland duty or impost operating as an indirect tax on the consumer, levied upon certain specified articles, as, tobacco, ale, spirits, etc., grown or manufactured in the country. It is also levied to pursue certain trades and deal in certain commodities. Certain direct taxes (as, in England, those on carriages, servants, plate, armorial bearings, etc.), are included in the excise. Often used adjectively; as, excise duties; excise law; excise system.

Webster's English dictionary.      Английский словарь Webster.