n. [ F. taxation, L. taxatio a valuing, estimation, from L. taxare. See Tax. ] 1. The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue. [ 1913 Webster ]
2. (Law) The act of taxing, or assessing a bill of cost. [ 1913 Webster ]
3. Tax; sum imposed. [ R. ] Daniel. [ 1913 Webster ]