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From: Webster's Revised Unabridged Dictionary (1913)

 Lev·y, v. t. [imp. & p. p. Levied p. pr. & vb. n. Levying.]
 1. To raise, as a siege. [Obs.] --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.   --Shak.
 4. Law (a) To gather or exact; as, to levy money. (b) 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. [Obs.] --Cowell. --Blackstone. (c) To take or seize on execution; to collect by execution.
 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.