tax 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix]
1: to assess or determine judicially the amount of (costs of an action in court)
2: to levy a tax on
tax the corporation
tax capital gains
tax·er n
tax 2 n often attrib
1: a charge usu. of money imposed by legislative or other public authority upon persons or property for public purposes
2: a sum levied on members of an organization to defray expenses
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.