Taxes
/ˈtæk.sɪz/
Definitions
- (n.) Compulsory financial charges imposed by a government for public purposes.
Citizens must pay property taxes annually.
- (v.) Third-person singular present of tax, meaning to impose a tax on.
The government taxes luxury goods heavily.
Forms
- tax
- taxed
- taxing
Related terms
See also
Commentary
In legal contexts, 'taxes' primarily refers to the noun meaning but can also be a verb form; clarity depends on context.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.