Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
excise | Yes | No | Yes | No |
ad valorem tax | Yes | No | No | No |
excise (noun) | ad valorem tax (noun) |
---|---|
a tax that is measured by the amount of business done (not on property or income from real estate) | a tax levied on the difference between a commodity's price before taxes and its cost of production |
excise (verb) | ad valorem tax (verb) |
---|---|
remove by cutting | |
remove by erasing or crossing out or as if by drawing a line | |
levy an excise tax on |