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Taxation

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Definitions of Taxation

Pronunciation : Tax*a"tion
Part of Speech : n.
Etymology : [F. taxation, L. taxatio a valuing, estimation, from L. taxare. See Tax.]
Definition : 1. The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue.

2. (Law)

Defn: The act of taxing, or assessing a bill of cost.

3. Tax; sum imposed. [R.] Daniel.

4. Charge; accusation. [Obs.] Shak.
Source : Webster's Unabridged Dictionary, 1913

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