taxation

Meanings

1. 1
   noun

   the system or act of charging taxes

   The debate focused on taxation and public spending.

2. 2
   noun

   money collected by a government through taxes

   Taxation paid for roads, schools, and defense.

From Middle English taxacioun, from Anglo-Norman taxacion and Latin taxatio, "rating, appraisal." The word is built on tax plus -ation and names both the process and revenue.

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