vingtieme

Meanings

1. 1
   noun

   a tax of one twentieth, or five percent, on income and property under the French ancien regime

   The vingtieme was assessed on revenue from land, houses, and invested capital.

Borrowed from French vingtième, 'twentieth,' from vingt, 'twenty'; English historical works often omit the accent. The tax's name refers to its nominal rate of one twentieth, or five percent. France introduced the levy in 1749, and English economic historians retained its French name.

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