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levy (v.)

early 13c., "to raise or collect" (by authority or compulsion), from Anglo-French leve, from Old French levée "act of raising," noun use of fem. past participle of lever "to raise" (from PIE root *legwh- "not heavy, having little weight;" compare levee). Originally of taxes, later of men for armies (c. 1500). Related: Levied; levying.

levy (n.1)

"an act of levying, a raising or collecting of anything" (a tax, debt, fine, etc.), early 15c., from Anglo-French leve (mid-13c.), Old French levée "a raising, lifting; levying," noun use of fem. past participle of lever "to raise" (from PIE root *legwh- "not heavy, having little weight").

levy (n.2)

1829, colloquial shortening of elevenpence (see eleven). In U.S. before c. 1860, a Spanish real or an equivalent amount of some other money (about 12 and a half cents).

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Definitions of levy
1
levy (v.)
impose and collect;
levy a fine
Synonyms: impose
levy (v.)
cause to assemble or enlist in the military;
Synonyms: recruit / raise
2
levy (n.)
a charge imposed and collected;
levy (n.)
the act of drafting into military service;
Synonyms: levy en masse
From wordnet.princeton.edu