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by 趙永祥 2016-06-16 08:35:36, Reply(0), Views(247)

BusinessDictionary.com
TERM OF THE DAYJUNE 15, 2016

f   t
1. Impose or collect an amount (such as a tax) by compulsion or legal authority
2. The amount so collected. 
3. Appropriation or seizure of a debtor's specific asset or property through a lawful process, or in satisfaction of a judgment, for the payment of a debt or claim
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USAGE EXAMPLE
The Internal Revenue Service will frequently levy a fine against a person who has willfully not paid his or her income taxes.
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