Dictionary

1tax

transitive verb \ˈtaks\

: to require (someone) to pay a tax

: to require someone to pay a tax on (something)

: to require a lot from (something or someone) : to put demands on (something or someone)

Full Definition of TAX

1
:  to assess or determine judicially the amount of (costs in a court action)
2
:  to levy a tax on
3
obsolete :  to enter (a name) in a list <there went out a decree…that all the world should be taxed — Luke 2:1(Authorized Version)>
4
:  charge, accuse <taxed him with neglect of duty>; also :  censure
5
:  to make onerous and rigorous demands on <the job taxed her strength>
tax·able \ˈtak-sə-bəl\ adjective
tax·er noun
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Origin of TAX

Middle English, to estimate, assess, tax, from Anglo-French taxer, from Medieval Latin taxare, from Latin, to feel, estimate, censure, frequentative of tangere to touch — more at tangent
First Known Use: 14th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with TAX

2tax

noun, often attributive

: an amount of money that a government requires people to pay according to their income, the value of their property, etc., and that is used to pay for the things done by the government

Full Definition of TAX

1
a :  a charge usually of money imposed by authority on persons or property for public purposes
b :  a sum levied on members of an organization to defray expenses
2
:  a heavy demand

First Known Use of TAX

14th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer
TAXABLE Defined for Kids

1tax

noun \ˈtaks\

Definition of TAX for Kids

:  money collected by the government from people or businesses for public use

2tax

verb
taxedtax·ing

Definition of TAX for Kids

1
:  to require to pay money to a government for public use
2
:  to cause a strain on <Fighting to survive the storm taxed their strength.>

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