💰

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

Cruel and oppressive government or rule by a tyrant.
The state or quality of not achieving maximum productivity; failure to make the best use of time or...
A system of money in general use in a particular country; the fact or quality of being generally acc...
a small or tiny ripple
a feeling of uncertainty or lack of conviction; distrust or suspicion
A special right, advantage, or immunity granted or available only to a particular person or group.

Explore More