Excise
/ˈɛk.saɪz/noun
A tax levied on specific goods and services.
Did you know?Historically, excise taxes were often imposed on 'luxuries' deemed non-essential, highlighting society's views on morality and consumption during the time.
Etymological Timeline
Latin
Latin
excisus
“cut out or removed, as in taxation on goods.”
Old French
Old French
exciser
“to cut out, especially in the context of levying taxes.”
14th Century
Middle English
excise
“a tax on certain goods, first seen in legal documents.”
Modern English
English
excise
“a formal tax on specific commodities, evolving in application and scope.”