excise tax

Cultural Dictionary
excise tax [(ek-seyez)]

A tax, similar to a sales tax, imposed on some goods, especially luxuries and cars.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature