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Meaning Of Levy
n.
A name formerly given in Pennsylvania, Maryland, and Virginia
to the Spanish real of one eighth of a dollar (or 12/ cents), valued at
eleven pence when the dollar was rated at 7s. 6d.
n.
The act of levying or collecting by authority; as, the levy
of troops, taxes, etc.
n.
That which is levied, as an army, force, tribute, etc.
n.
The taking or seizure of property on executions to satisfy
judgments, or on warrants for the collection of taxes; a collecting by
execution.
v. t.
To raise, as a siege.
v. t.
To raise; to collect; said of troops, to form into an army
by enrollment, conscription, etc.
v. t.
To raise or collect by assessment; to exact by authority;
as, to levy taxes, toll, tribute, or contributions.
v. t.
To gather or exact; as, to levy money.
v. t.
To erect, build, or set up; to make or construct; to raise
or cast up; as, to levy a mill, dike, ditch, a nuisance, etc.
v. t.
To take or seize on execution; to collect by execution.
v. i.
To seize property, real or personal, or subject it to the
operation of an execution; to make a levy; as, to levy on property; the
usual mode of levying, in England, is by seizing the goods.