capital levy

noun

a tax based on capital, as distinguished from a tax on income.

Origin of capital levy

First recorded in 1915–20

Words nearby capital levy

capital gains tax, capital goods, capital investment, capital letter, capital letters, capital levy, capital loss, capital market, capital offense, capital outlay, capital punishment

British Dictionary definitions for capital levy

capital levy

noun

a tax on capital or property as contrasted with a tax on income