Levy: Among members of a points club, the term levy refers to administrative fees incurred by individual members. Levies can also encompass any charges the resort management may impose for use of a particular week.

 

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Levy: Among members of a points club, the term levy refers to administrative fees incurred by individual members. Levies can also encompass any charges the resort management may impose for use of . . . View Full Definition

Tax Levy: The amount to be raised from the general real estate tax is then imposed on property owners through a tax levy. A tax levy is the formal action taken to impose the tax, usually a vote of the . . . View Full Definition

Variable Import Levy: A charge levied on imports that raises their price to a level at least as high as the domestic price. Such levies are adjusted frequently (hence 'variable') in response to changes in world m . . . View Full Definition

Surety: An additional levy added to some charge.

Income Tax Expense: A state or federal government's levy on individuals as personal income tax and on the earnings of corporations as corporate income tax.

Unlisted Security: A security, such as a stock, is unlisted when it does not meet the listing requirements or pay the listing fee of any of the organized exchanges or markets. Unlisted stock may be traded over . . . View Full Definition

Agricultural Adjustment Act (AAA) Of 1933: P.L. 73-10 (May 12, 1933) was the New Deal initiative to assist the farm sector during the Great Depression. This was the first comprehensive effort to raise and stabilize farm prices and in . . . View Full Definition

Antidumping Duty: A duty or levy imposed under authority of Title VII of the U.S. Tariff Act of 1930. Title VII states that if the U.S. Department of Commerce determines that an imported product is being sold . . . View Full Definition

Active Account: Refers to a brokerage account in which many transactions occur. Brokerage firms may levy a fee if an account generates an inadequate level of activity.

Writ Of Execution: A court order authorizing and directing an officer of the court (sheriff, police officer) to levy and sell property of the defendant to satisfy a judgement.