by authority of Parliament; a species of paper currency emitted under the authority of the government,
and bearing interest.
Exchequer
(Ex*cheq"uer) v. t. [imp. & p. p. Exchequered ; p. pr. & vb. n. Exchequering.] To
institute a process against (any one) in the Court of Exchequer.
Excide
(Ex*cide") v. t. [L. excidere, excisum; ex out + caedere to cut. See Concise, and cf. Excise
to cut off.] To cut off. [R.]
Excipient
(Ex*cip"i*ent) a. [L. excipients, -entis, p. pr. of exipere. See Except, v. t.] Taking an
exception.
Excipient
(Ex*cip"i*ent), n.
1. An exceptor. [R.]
2. (Med.) An inert or slightly active substance used in preparing remedies as a vehicle or medium of
administration for the medicinal agents. Chambers.
Exciple
(Ex"ci*ple ||Ex*cip"u*lum) n. [NL. excipulum, fr. L. excipere. See Except.] (Bot.) The outer
part of the fructification of most lichens.
Excisable
(Ex*cis"a*ble) a. Liable or subject to excise; as, tobacco in an excisable commodity.
Excise
(Ex*cise") n. [Apparently fr. L. excisum cut off, fr. excidere to cut out or off; ex out, off + caedere
to cut; or, as the word was formerly written accise, fr. F. accise, LL. accisia, as if fr. L. accidere, accisum,
to cut into; ad + caedere to cut; but prob. transformed fr. OF. assise, LL. assisa, assisia, assize. See
Assize, Concise.]
1. In inland duty or impost operating as an indirect tax on the consumer, levied upon certain specified
articles, as, tobacco, ale, spirits, etc., grown or manufactured in the country. It is also levied to pursue
certain trades and deal in certain commodities. Certain direct taxes (as, in England, those on carriages,
servants, plate, armorial bearings, etc.), are included in the excise. Often used adjectively; as, excise
duties; excise law; excise system.
The English excise system corresponds to the internal revenue system in the United States.
Abbot.
An excise . . . is a fixed, absolute, and direct charge laid on merchandise, products, or commodities.
11 Allen's (Mass. ) Rpts. 2. That department or bureau of the public service charged with the collection of the excise taxes. [Eng.]
Excise
(Ex*cise"), v. t. [imp. & p. p. Excised ; p. pr. & vb. n. Excising.]
1. To lay or impose an excise upon.
2. To impose upon; to overcharge. [Prov. Eng.]
Excise
(Ex*cise"), v. t. [See Excide.] To cut out or off; to separate and remove; as, to excise a tumor.
Exciseman
(Ex*cise"man) n.; pl. Excisemen An officer who inspects and rates articles liable to excise
duty. Macaulay.
Excision
(Ex*ci"sion) n. [L. excisio: cf. F. excision. See Excide.]
