LEVY

levy (lev-ee), n.1. The imposition of a fine or tax; the fine or tax so imposed. — Also termed tax levy. [Cases: Taxation  295. C.J.S. Taxation § 423.] 2. The enlistment of soldiers into the military; the soldiers so enlisted. 3. The legally sanctioned seizure and sale of property; the money obtained from such a sale. — Also termed (in sense 3) levy of execution. [Cases: Execution  122–147. C.J.S. Executions §§ 100, 102–127, 146–147, 149, 151, 203.]

wrongful levy.A levy on a third party’s property that is not subject to a writ of execution.

[Cases: Execution  459. C.J.S. Executions § 426.]

levy,vb.1. To impose or assess (a fine or a tax) by legal authority <levy a tax on gasoline>.2. To enlist for service in the military <the troops were quickly levied>.3. To declare or wage (a war) <the rival clans levied war against each other>.4. To take or seize property in execution of a judgment <the judgment creditor may levy on the debtor’s assets>. [Cases: Execution  122–147. C.J.S. Executions §§ 100, 102–127, 146–147, 149, 151, 203.]

[Blacks Law 8th]