Excise

usgb/ˈeksaɪz/
noun

A tax on certain things that are made, sold, or used within a country.

The excise on alcohol is quite high.
Visual representation of "excise" - A tax on certain things that are made, sold, or used within a country.

Often appears as...

  • excise tax
  • excise duties

Usage tips

Technical

Definition 1 of 3
Visual representation of "excise"
LampPro Tip 1/3

Goods and Services

'Excise' is often tied to specific products like alcohol or tobacco, not all purchases.

Illustration for Goods and Services
The government increased the excise on tobacco products.
LampPro Tip 2/3

Internal Tax

'Excise' is a tax within a country rather than on goods coming in from abroad.

Illustration for Internal Tax
Small businesses sometimes struggle with excise calculations.
LampPro Tip 3/3

Government Revenue

'Excise' helps governments to raise revenue, often to fund specific programs.

Illustration for Government Revenue
Fuel excise is often used for road maintenance.
Visual representation of the word "Excise"

Never forget "Excise"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

Download on the App StoreGet it on Google PlayGet it from MicrosoftGet it on AppGallery
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension
Back to top