exactions
Aussprache: [ɪɡˈzækʃənz]
Wort
Kontext: „financial obligations“
(noun) Exactions are demands for payment or other goods. They often relate to taxes, fees, or other charges that someone must pay.
Beispiel
The government imposed new exactions to fund public projects.
Beispiel
There were no exactions this year, allowing everyone to keep more of their money.
Beispiel
What kinds of exactions do businesses have to pay in our city?
Kontext: „legal requirements“
(noun) In legal terms, exactions are requirements a government makes of a developer to get permission to build. This could be promises to build parks or sidewalks.
Beispiel
The city asked for various exactions to enhance community services near the new school.
Beispiel
The developer was unhappy because there were no exactions attached to their building permit.
Beispiel
What exactions are required for the new construction project?
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