taxation

UK: tækˈseɪʃən | US: tækˈseɪʃən

Definition

  1. n. the system or process of imposing taxes

  2. n. the revenue gained from taxes

  3. n. the act of levying taxes

Structure
tax <assess, charge>ation <noun suffix indicating action or process>
Etymology

The word "taxation" originates from the Latin taxare ("to assess, charge"), which evolved into Old French taxacion before entering Middle English. The root tax reflects the concept of financial assessment, while -ation transforms it into a noun denoting the process or system. Historically, taxation has been central to governance, evolving from simple tributes to complex fiscal systems.

Examples

  1. The government increased taxation to fund public healthcare.

  2. Progressive taxation ensures higher earners pay a larger share.

  3. Ancient Roman taxation relied heavily on agricultural produce.

  4. Citizens protested against unfair taxation policies.

  5. Modern taxation systems often include income and sales taxes.