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From: Webster's Revised Unabridged Dictionary (1913)

 Lev·y, v. i. To seize property, real or personal, or subject it to the operation of an execution; to make a levy; as, to levy on property; the usual mode of levying, in England, is by seizing the goods.
 To levy on goods and chattels, to take into custody or seize specific property in satisfaction of a writ.