excise
1. ex.cise \'ek-.si-z, -.si-s\ n [obs. D excijs (now accijus), fr. MD, prob. modif. of OF assise)X session, assessment - more at ASSIZE 1: an internal tax levied on the manufacture, sale, or consumption of a com modity within a country 2: any of various taxes on privileges often assessed in the form of a licen se or other fee 2. excise vt : to impose an excise upon 3. ex.cise \ek-'si-z\ \-'sizh-*n\ vt [L excisus, pp. of excidere, fr. ex- + caedere to cut] : to remove by cutting out - ex.ci.sion n
Webster's English Dictionary