4 definitions found
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Excise \Ex*cise"\, n. [Apparently fr L. excisum cut off fr
excidere to cut out or off ex out off + caedere to cut; or
as the word was formerly written accise, fr F. accise, LL
accisia, as if fr L. accidere accisum to cut into ad +
caedere to cut; but prob. transformed fr OF assise, LL
assisa, assisia assize. See {Assize}, {Concise}.]
1. 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.
The English excise system corresponds to the
internal revenue system in the United States.
--Abbot.
An excise . . . is a fixed, absolute, and direct
charge laid on merchandise, products, or
commodities. --11 Allen's
(Mass. ) Rpts.
2. That department or bureau of the public service charged
with the collection of the excise taxes. [Eng.]
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Excise \Ex*cise"\, v. t. [imp. & p. p. {Excised}; p. pr & vb
n. {Excising}.]
1. To lay or impose an excise upon
2. To impose upon to overcharge. [Prov. Eng.]
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Excise \Ex*cise"\, v. t. [See {Excide}.]
To cut out or off to separate and remove; as to excise a
tumor.
From WordNet r 1.6 [wn]:
excise
n : a tax that is measured by the amount of business done (not
on property or income from real estate) [syn: {excise tax}]
v : remove by erasing or crossing out "Please strike this
remark from the record" [syn: {strike}, {expunge}]
more about excise
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