Webster's Revised Unabridged Dictionary · 1913

Levy

Levy (-y) , noun

[A contr. of elevenpence or elevenpenny bit.]

A name formerly given in Pennsylvania, Maryland, and Virginia to the Spanish real of one eighth of a dollar (or 12½ cents), valued at eleven pence when the dollar was rated at 7s. 6d.

Levy , noun

[French levée, from lever to raise. See Lever, and compare Levee.]

1.
The act of levying or collecting by authority; as, the levy of troops, taxes, etc.
A levy of all the men left under sixty. — Thirlwall
2.
That which is levied, as an army, force, tribute, etc.
The Irish levies. — Macaulay
3.
(Law) The taking or seizure of property on executions to satisfy judgments, or on warrants for the collection of taxes; a collecting by execution.
Collocations (1)
Levy in mass , a requisition of all able-bodied men for military service.

Levy (lev"id) , transitive verb

1.
To raise, as a siege. [Obsolete] — Holland
2.
To raise; to collect; said of troops, to form into an army by enrollment, conscription, etc.
Augustine... inflamed Ethelbert, king of Kent, to levy his power, and to war against them. — Fuller
3.
To raise or collect by assessment; to exact by authority; as, to levy taxes, toll, tribute, or contributions.
If they do this... my ransom, then, Will soon be levied. — Shakespeare
4.
(a) (Law) To gather or exact; as, to levy money.
(b)
(Law) To erect, build, or set up; to make or construct; to raise or cast up; as, to levy a mill, dike, ditch, a nuisance, etc.
(c)
(Law) To take or seize on execution; to collect by execution. [Obsolete] — Cowell
Collocations (2)
To levy a fine , to commence and carry on a suit for assuring the title to lands or tenements. — Blackstone
To levy war , to make or begin war; to take arms for attack; to attack.

Levy , intransitive verb

To seize property, real or personal, or subject it to the operation of an execution; to make a levy; as, to levy on property; the usual mode of levying, in England, is by seizing the goods.
Collocations (1)
To levy on goods and chattels , to take into custody or seize specific property in satisfaction of a writ.