taxation

noun

1. the act of taxing.
2. the fact of being taxed.
3. a tax imposed.
4. the revenue raised by taxes.

noun

1. the act or principle of levying taxes or the condition of being taxed
2. 1. an amount assessed as tax
   2. a tax rate
3. revenue from taxes

n.early 14c., “imposition of taxes,” from Anglo-French taxacioun, Old French taxacion, from Latin taxationem (nominative taxatio), noun of action from past participle stem of taxare (see tax (v.)). A government’s practice of collecting money from citizens and businesses within its domain to support its operations.