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Levy vs. Tariff — What's the Difference?

Levy vs. Tariff — What's the Difference?

Difference Between Levy and Tariff

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Levy

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

Tariff

A tariff is a tax imposed by a government of a country or of a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry.

Levy

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

Tariff

A list or system of duties imposed by a government on imported or exported goods.

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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Tariff

A duty or duties so imposed.

Levy

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

Tariff

A schedule of prices or fees.

Levy

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

Tariff

To fix a duty or price on.

Levy

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

Tariff

A system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves.

Levy

To enlist or conscript into military service
Levy recruits.

Tariff

A schedule of rates, fees or prices.

Levy

To declare and wage (a war).

Tariff

(British) A sentence determined according to a scale of standard penalties for certain categories of crime.

Levy

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

Tariff

(transitive) to levy a duty on (something)

Levy

The act or process of levying.

Tariff

A schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exported; as, a revenue tariff; a protective tariff; Clay's compromise tariff. (U. S. 1833).

Levy

Money, property, or troops levied.

Tariff

The duty, or rate of duty, so imposed; as, the tariff on wool; a tariff of two cents a pound.

Levy

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

Tariff

Any schedule or system of rates, changes, etc.; as, a tariff of fees, or of railroad fares.

Levy

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

Tariff

To make a list of duties on, as goods.

Levy

To draft someone into military service.

Tariff

A government tax on imports or exports;
They signed a treaty to lower duties on trade between their countries

Levy

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

Tariff

Charge a tariff;
Tariff imported goods

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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