💰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 chemical processes that occur within a living organism in order to maintain life.
an area outside the center of a city, often residential
fine strands growing from the skin of humans and animals
The delay in processing signals or data.
the period of the day when daylight is fading; twilight
condition of being protected from danger, risk, or injury

Explore More