1. imposing or collecting (a tax, fine, or fee) by authority
Usage: present participle of levy
2. raising or recruiting (troops or forces) for military service
Usage: present participle of levy; military context

Examples

• The government is levying new taxes on luxury goods.
• The city council is levying fines for parking violations.
• They are levying a special assessment on homeowners.
• The king was levying troops for the upcoming war.
• The company is levying additional charges for late payments.
• Local authorities are levying penalties for environmental violations.