English · Work & Business
tax
/tæks/
[/tæks/]
money paid to government
Beginnernoun
Definition
Money that people and businesses must pay to the government to fund public services.
Example
Every year she files her income tax return before the deadline at the end of April.
Every year she files her income tax return before the deadline at the end of April.
Etymology
From Latin 'taxare' (to assess, evaluate), via Old French 'taxer'.
How & Where It’s Used
Used in government finance; also a verb meaning to burden or strain.