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1. To impose an obligation to pay. For example, a government may levy a tax.

2. To collect what is owed. For example, a creditor may levy a debt, meaning that it may collect it from the debtor.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


(1) To assess. One may levy a tax or fine, which means to impose it. (2) To seize or collect, as when a creditor levies on assets by execution.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
"The same could be achieved in creating a levy to reduce excess calories, but we need a firm commitment from HM Treasury and The Department of Health and Social Care to make this a reality and to implement a robust evaluation system to fill in the evidence gaps.
Last week the Levy Board issued a short statement in which it said it had "continued to investigate the reasons" for the fall in levy yield "as part of carrying out its formal end-of-year processes with bookmakers".
Articles for the carriage or packing of goods, of plastics; stoppers, caps, lids and other closures, of plastics the levy is N.dollars 0.50/bag.
REC chief executive Neil Carberry said: "The Apprenticeship Levy was designed with the best of intentions, but everyone knows it is not working as intended.
1 percent," claimed the ministry.The actual increase: euro50 millionAlthough the figures are correct, the INESS does not see "only" and "minimal" to be the right terms to describe the levy's impact on people's budgets.
It was on that basis that the Gambling Authority began to collect funds even before a Fund Levy could be put in place, he stated.
'The Education Development Levy as approved by government is N5,200, which is to enable us deal with the infrastructural decay in our schools.
The audit report also indicates improper payments may have been made from the IMRF levy fund.
But city per-employee personnel expenses have steadily risen over the levy's lifetime - one of the main reasons that Springfield has repeatedly asked voters to pay an increased tax rate to cover personnel and other expenses funded by the levy.
In a Cabinet meeting held last June 15, President Duterte reportedly directed presidential legal counsel Salvador Panelo 'to look into the matter and make sure that the coconut levy fund is released to the farmers.' The directive was made in light of the Supreme Court ruling in Cocofed vs Republic which declares that the coco levy fund 'is owned by the government and is to be used only for the benefit of the coconut farmers and for the development of the coconut industry.'
Levy is clad in the summer uniform that has become a part of his brand: a crisp white shirt unbuttoned halfway down his chest, sunglasses perched within the V, his grey hair styled into its signature, magnificently constructed tri-part swoop.