💰

taxation

noun
/tækˈseɪʃən/

Meaning

The system of imposing and collecting taxes.

Example Sentences

Taxation is necessary for funding public services.

Example Expressions

double taxation

Synonyms

levy, duty, tariff, revenue, assessment

Antonyms

exemption, subsidy

Collocations

income taxation, property taxation, heavy taxation, unfair taxation

Related Vocabularies

the part of a plant that attaches it to the ground and absorbs nutrients
A rank of non-commissioned officer in the armed forces or police.
a woman who has taken vows in a religious order and lives in a convent
a stake put up by a player in poker or similar games before receiving cards; also used figuratively...
a person who dislikes or distrusts humankind
A unit of heredity in living organisms, transferred from parent to offspring, determining traits.

Explore More