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Levy vs. Assessment — What's the Difference?

Levy vs. Assessment — What's the Difference?

Difference Between Levy and Assessment

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Levy

Impose (a tax, fee, or fine)
A tax of two per cent was levied on all cargoes

Assessment

The act of assessing; appraisal.

Levy

Enlist (someone) for military service
He sought to levy one man from each vill for service

Assessment

An amount assessed, as for taxation.

Levy

An act of levying a tax, fee, or fine
Police forces receive 49 per cent of their funding via a levy on the rates
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Assessment

The act of assessing or an amount (of tax, levy or duty etc) assessed.

Levy

An act of enlisting troops
Edward I and Edward II had made substantial use of the feudal levy for raising an army

Assessment

An appraisal or evaluation.

Levy

To impose (a tax or fine, for example) on someone.

Assessment

The act of assessing; the act of determining an amount to be paid; as, an assessment of damages, or of taxes; an assessment of the members of a club.

Levy

To impose a tax, fine, or other punishment on (a person or business).

Assessment

A valuation of property or profits of business, for the purpose of taxation; such valuation and an adjudging of the proper sum to be levied on the property; as, an assessment of property or an assessment on property.

Levy

To enlist or conscript into military service
Levy recruits.

Assessment

The specific sum levied or assessed.

Levy

To declare and wage (a war).

Assessment

An apportionment of a subscription for stock into successive installments; also, one of these installments (in England termed a "call").

Levy

To confiscate property, especially in accordance with a legal judgment.

Assessment

The classification of someone or something with respect to its worth

Levy

The act or process of levying.

Assessment

An amount determined as payable;
The assessment for repairs outraged the club's membership

Levy

Money, property, or troops levied.

Assessment

The market value set on assets

Levy

To impose (a tax or fine) to collect monies due, or to confiscate property.
To levy a tax

Assessment

The act of judging or assessing a person or situation or event;
They criticized my judgment of the contestants

Levy

To raise or collect by assessment; to exact by authority.

Levy

To draft someone into military service.

Levy

To raise; to collect; said of troops, to form into an army by enrollment, conscription. etc.

Levy

To wage war.

Levy

To raise, as a siege.

Levy

(legal) To erect, build, or set up; to make or construct; to raise or cast up.

Levy

The act of levying.

Levy

The tax, property or people so levied.

Levy

The Spanish real of one eighth of a dollar, valued at elevenpence when the dollar was rated at seven shillings and sixpence.

Levy

A name formerly given in Pennsylvania, Maryland, and Virginia to the Spanish real of one eighth of a dollar (or 12½ cents), valued at eleven pence when the dollar was rated at 7s. 6d.

Levy

The act of levying or collecting by authority; as, the levy of troops, taxes, etc.
A levy of all the men left under sixty.

Levy

That which is levied, as an army, force, tribute, etc.

Levy

The taking or seizure of property on executions to satisfy judgments, or on warrants for the collection of taxes; a collecting by execution.

Levy

To raise, as a siege.

Levy

To raise; to collect; said of troops, to form into an army by enrollment, conscription, etc.
Augustine . . . inflamed Ethelbert, king of Kent, to levy his power, and to war against them.

Levy

To raise or collect by assessment; to exact by authority; as, to levy taxes, toll, tribute, or contributions.
If they do this . . . my ransom, then,Will soon be levied.

Levy

To gather or exact; as, to levy money.

Levy

To seize property, real or personal, or subject it to the operation of an execution; to make a levy; as, to levy on property; the usual mode of levying, in England, is by seizing the goods.

Levy

A charge imposed and collected

Levy

The act of drafting into military service

Levy

Impose and collect;
Levy a fine

Levy

Cause to assemble or enlist in the military;
Raise an army
Recruit new soldiers

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