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2017 Word of the Year

severance tax

noun
1.
a tax levied by a state on the extraction and use of a natural product, as coal, that is sold outside the state or during a certain period.
Origin of severance tax
1925-1930
First recorded in 1925-30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Word Value for severance

14
17
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