severance tax


noun

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.

QUIZZES

Discover The Influence Of Portuguese On English Via This Quiz!
We’ve gathered some interesting words donated to English from Portuguese … as well as some that just don’t translate at all. Do you know what they mean?
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Which of the following bird names traces its immediate origin to Portuguese?

Origin of severance tax

First recorded in 1925–30
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020