The taking or seizure of property on executions to satisfy judgments, or on warrants for the collection of taxes; a collecting by execution.
To raise; to collect; said of troops, to form into an army by enrollment, conscription, etc.
To raise or collect by assessment; to exact by authority; as, to levy taxes, toll, tribute, or contributions.
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.
To take or seize on execution; to collect by execution.
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.
To execute upon; to seize and sell property to obtain money to satisfy a judgment. Back to the Top
A collection, seizure, assessment, etc., such as to levy (assess and collect) taxes.
An action by a court officer to satisfy an execution or attachment by the seizure and holding or sale of property.
To impose or collect by legal authority.
1. The imposition or collection, usually by a legal or governmental authority, of that which is due. 2. Amount of money that is certified to be raised from property tax.
Seizing property of a debtor for satisfaction of a judgment against him/her. Also, imposition of fine or tax.
To impose a tax, fine, or other penalty.
To impose or assess a tax on a person or property; the amount of taxes to be imposed in a given district.
There are several uses for the term levy. Of interest to most taxpayers would be the use to which the IRS puts a levy. This is a means by which the IRS can force collection of unpaid taxes. The levy can be applied against almost any asset you have. The most common and easiest to attach are your bank accounts and your wages. The IRS regulations require a pre-notification to the taxpayer before a levy can be put in force. If you stay in contact with the IRS and work out a payment schedule for delinquent taxes, you should be able to avoid having a levy against your assets.
to impose and collect a tax or other financial charge.
tax; the term "levy-free" indicated that an individual was exempt from taxation. See also tithe. Example
In connection to taxation, the exercise of legislative authority to fix and impose the amount and purpose of a tax.
the seizure of property by the constable (physical custody by the constable is not usually taken) when a defendant has not paid a judgment awarded against him by the Court.
The amount of money that any taxing entity may collect in order to fund its budget.
a charge imposed and collected
impose and collect; "levy a fine"
cause to assemble or enlist in the military; "raise an army"; "recruit new soldiers"
a confiscation of property in accordance with a legal judgment
a legal method that a creditor may use to seize (take) property that you own
a legal seizure of assets taken in order to satisfy a tax debt, and can be attached to bank accounts, securities, real property and even wages
a legal seizure of property to satisfy a tax debt
a particular legal seizure of assets to satisfy a particular tax debt
a post judgment remedy available to a creditor to enforce its judgment
a request by a school district of voters to raise or continue property taxes for a limited number of years for operations costs or capital improvements such as computers or other equipment
a request for property tax funds from the school district to the county clerk
a tax against the value of property
a tax rate, sometimes called a mill rate, which is set by each taxing district which derives a part of its revenue from property tax
To take possession of an asset or to liquidate the asset for cash, for the purpose of satisfying a debt or judgment, on an obligation.
To take possession of an asset or liquidate an asset to satisfy a debt.
This word levy is generally used to refer to the process whereby a debtor's goods are seized and impounded; strictly, it comprehends the whole process of enforcement up to and including sale.
The process whereby a sheriff or other state official empowered by writ or other judicial directive actually seizes, or otherwise brings within his or her control, a delinquent taxpayer's property to satisfy the judgment; the legislative rate or amount of taxation.
The tax levied on real estate and personal property in each fiscal year.
is the enforcement of a lien on your property. Actual seizure of the levied asset occurs, e.g., withdrawal of funds in a bank account.
The taking of property by a Marshall or Sheriff pursuant to a writ of execution.
A legal term which refers to the process by which assets are seized pursuant to a writ of execution or writ of attachment.
Much of the money that goes towards prizes and improvements to racecourses comes from amounts collected from bookmakers, based on their turnover. The body responsible for this is known as the Levy Board.
The amount of money a governing body certifies to be raised from the property tax.
A seizure; the setting aside of specific property from the general property of the debtor and placing it under the control of the sheriff until it can be sold and applied to the payment of the execution.
To raise, collect, or seize by legal process, e.g. taking or selling property to collect money.
When the bailiff retrieves payment or goods to raise the sum on the warrant and costs. Notice of this comes 7 days before the bailiffs arrive.
(Verb) To impose taxes or special assessments. (Noun) The total of taxes or special assessments imposed by a governmental unit.
To assess; to seize or collect. To levy a tax is to assess a property and set the rate of taxation. To levy an execution is to officially seize the property of a person in order to satisfy an obligation.
To charge or assess a tax or charge.
The act of the sheriff which satisfies a writ of execution--seizing the property of a judgment debtor.
The total amount of money to be raised from the property tax as set forth in the budget of a taxing jurisdiction. Also, referred to as the millage rate or the property tax bill sent to an individual property owner. The levy or mill levy is multiplied times the assessed value of a property to determine the amount of taxes due. For example, 87.925 mill levy times $15,000 assessed valuation would equal $ 1318.87 property tax. See " Mill Levy."
The imposition of a tax, usually by a local unit of government.
(Verb) To impose taxes, special assessments, or service charges for the support of activities. (Noun) The total amount of taxes, special assessments, or service charges imposed by an entity, often a government.
Among members of a points club, the term levy refers to administrative fees incurred by individual members. Levies can also encompass any charges the resort management may impose for use of a particular week.
An attachment to satisfy a tax debt or a court judgment.
To collect or assess money that is due.
The amount of money that a taxing body requires to be collected through the property tax system.
A seizure of property by Judicial Process.
The administrative fees incurred by individual members of a points club. Levies can encompass any charges the resort management may impose for use of a particular week.
The imposition of a tax, stated in terms of “millage”, against all appropriately located property by a governmental body authorized by law to impose ad valorem taxes.
1. An assessment placed against tangible property, by a governmental or related regulatory authority. 2. A form of tax.
To legally impose or collect that which is due.
The taking of property by a marshal or sheriff with a writ of execution.
A seizure. The obtaining of money by legal process through seizure and sale of property; the raising of the money for which an execution has been issued.
to take or seize property in execution of a judgment
A tax, duty or fine imposed by a government or other organisation, often on a per capita basis. Liabilities. Items which are owed e.g. loans, debts in general.
To impose or asses a tax on a person or property by means of a lawful process.
(see EXECUTION & Fi-Fa) A duty carried out by a bailiff or sheriff under the authority of a warrant or writ of fi-fa, for a sum of money whereby goods of value belonging to the debtor are claimed with a view to removal and sale at a public auction in an attempt to obtain payment
