Finance & Businessfreq · 1via Dusty Flow

Excise

/ˈɛk.saɪz/noun / verb
ELI5 mode

As a noun, excise refers to a tax imposed on goods produced and sold within a country, particularly on items like alcohol, tobacco, and fuel, often used by governments to regulate consumption and generate revenue. As a verb, it means to carefully remove or cut out something, such as a tissue in surgery or an element from a document, highlighting its role in precision and elimination in modern contexts.

AI-generated·

Verified sources

Your usage frequency

1 / 917