The Collaborative International Dictionary of English v.0.48:

Levy \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.
   [1913 Webster]

   To levy on goods and chattels, to take into custody or
      seize specific property in satisfaction of a writ.
      [1913 Webster] Levyne