excise
Speech parts
1. excise - Noun
2. excise - Verb
Meaning
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.
That department or bureau of the public service charged with the collection of the excise taxes.
To lay or impose an excise upon.
To impose upon; to overcharge.
To cut out or off; to separate and remove; as, to excise a tumor.
Source: Webster's dictionarySynonyms
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Examples
The surgeon excised the tumor
Please strike this remark from the record
scratch that remark
According to Helme, lowering the excise duty will have a positive impact on prices, employment and labor taxes.
After the excise tax, the backwoodsmen complained the tax fell on them rather than on the consumers.
An even narrower inflation measure watched by many market economists also excluding alcohol and tobacco prices which can move due to excise tax changes, decelerated even more to 1.1% from 1.3% in December in year-on-year terms.