levy

Etymology 1

From Anglo-Norman leve, from Old French levee, from lever (“to raise”).

verb

1. To impose (a tax or fine) to collect monies due, or to confiscate property.
   to levy a tax
   In August, the company also announced that it would begin to levy fines on other vendors on its platform who over-package their products. November 21 2019, Samanth Subramanian, “How our home delivery habit reshaped the world”, in The Guardian
2. To raise or collect by assessment; to exact by authority.
3. To draft someone into military service.
4. To raise; to collect; said of troops, to form into an army by enrollment, conscription. etc.
5. To wage war.
6. To raise, as a siege.
7. (law) To erect, build, or set up; to make or construct; to raise or cast up.
   The new levying or inhancing of Weares Mills 1619, Michael Dalton, The Countrey Justice

noun

1. The act of levying.
   1835-1847, Connop Thirlwall, The History of Greece A levy of all the men left under sixty.
2. The tax, property or people so levied.

Etymology 2

Contraction of elevenpence.

noun

1. (US, obsolete, Pennsylvania, Maryland, Virginia) The Spanish real of one eighth of a dollar, valued at elevenpence when the dollar was rated at seven shillings and sixpence.