ex·cise

1 [n. ek-sahyz, -sahys; v. ek-sahyz, ik-sahyz] noun, verb, ex·cised, ex·cising.
noun
1.
an internal tax or duty on certain commodities, as liquor or tobacco, levied on their manufacture, sale, or consumption within the country.
2.
a tax levied for a license to carry on certain employments, pursue certain sports, etc.
3.
British. the branch of the civil service that collects excise taxes.
verb (used with object)
4.
to impose an excise on.

Origin:
1485–95; apparently < Middle Dutch excijs, variant of accijs < Medieval Latin accīsa tax, literally, a cut, noun use of feminine past participle of Latin accīdere to cut into, equivalent to ac- ac- + cīd-, variant stem of caedere to cut + -ta feminine past participle suffix, with dt > s

00:10
Excise is one of our favorite verbs.
So is yaff. Does it mean:
to bark; yelp.
to expurgate (a written work) by removing or modifying passages considered vulgar or objectionable.
Dictionary.com Unabridged

ex·cise

2 [ik-sahyz]
verb (used with object), ex·cised, ex·cis·ing.
1.
to expunge, as a passage or sentence, from a text.
2.
to cut out or off, as a tumor.

Origin:
1570–80; < Latin excīsus cut out, hewn down, past participle of excīdere to excide

ex·cis·a·ble, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
excise1
 
n
1.  Also called: excise tax a tax on goods, such as spirits, produced for the home market
2.  a tax paid for a licence to carry out various trades, sports, etc
3.  (Brit) that section of the government service responsible for the collection of excise, now the Board of Customs and Excise
 
[C15: probably from Middle Dutch excijs, probably from Old French assise a sitting, assessment, from Latin assidēre to sit beside, assist in judging, from sedēre to sit]
 
ex'cisable1
 
adj

excise2 (ɪkˈsaɪz) [Click for IPA pronunciation guide]
 
vb
1.  to delete (a passage, sentence, etc); expunge
2.  to remove (an organ, structure, or part) surgically
 
[C16: from Latin excīdere to cut down; see excide]
 
excision2
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

excise
"tax on goods," late 15c., from M.Du. excijs, apparently altered from accijs "tax" (by influence of L. excisus "cut out or removed," see excise (v.)), traditionally from O.Fr. acceis "tax, assessment," from V.L. *accensum, ultimately from L. ad- "to" + census "tax, census."
English got the word, and the idea for the tax, from Holland.

excise
"cut out," late 15c. (implied in excision), from M.Fr. exciser, from L. excisus, pp. of excidere "cut out, removed." Related: Excised; excising.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Medical Dictionary

excise ex·cise (ĭk-sīz')
v. ex·cised, ex·cis·ing, ex·cis·es
To remove by cutting.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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Example sentences
They include a five-year holiday on profits tax, and exemption from import and
  excise duties and from some licensing requirements.
The chancellor's cuts in fuel and vehicle excise duties for hauliers are even
  less justified.
But the vehicle excise duty is a good idea-it's an annual tax on cars, but the
  rate paid depends on the efficiency of the engine.
Perez said, levies an excise tax on gasoline, but amounts vary.
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