The Collaborative International Dictionary of English v.0.48:
Levy \Lev"y\, n. [F. lev['e]e, fr. lever to raise. See Lever,
and cf. Levee.]
1. The act of levying or collecting by authority; as, the
levy of troops, taxes, etc.
A levy of all the men left under sixty. --Thirlwall.
2. That which is levied, as an army, force, tribute, etc. "
The Irish levies." --Macaulay.
3. (Law) The taking or seizure of property on executions to
satisfy judgments, or on warrants for the collection of
taxes; a collecting by execution.
Levy in mass [F. lev['e]e en masse], a requisition of all
able-bodied men for military service.