Levy

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Definitions
Levy
Levy Taxation Property Seizure Government Revenue Legal Process Federal Taxes Debts and Obligations
Levy refers to the legal process by which a government or agency imposes a tax, fee, or fine, or seizes property to satisfy an outstanding debt or obligation.
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Definitions
Surcharge
Surcharge Additional Fee Levy Taxation Business Accounting Cost Management
A surcharge is an additional fee or levy added to an existing charge, cost, or tax. It is commonly applied to manage varying expenses or to cover costs that aren't accounted for in the primary charge.
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