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Exchange Rate Mechanism
exchange rate risk
exchange student
exchangeable security
exchequer
excimer
excimer laser
excipient
excise (1)
excise (2)
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excision repair
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excise (1)

ex·cise [ ék sz ]


noun  (plural ex·cis·es)
Definition:
 
1. tax on goods for domestic market: taxation of or a tax imposed on goods for a domestic market only

2. licensing charge: a tax paid for a license, such as one required to use a vehicle on public roads or to engage in some commercial activities



transitive verb  (past and past participle ex·cised, present participle ex·cis·ing, 3rd person present singular ex·cis·es)
Definition:
 
tax somebody or something: to impose an excise on somebody or something

[15th century. Via Middle Dutch< Old French acceis "tax, toll"]

ex·cis·a·ble [ ik szəb'l ] adjective
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