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fisco

treasury

noun FEES-koh Rare

Origin: From Latin fiscus (imperial treasury basket).

Also means

tax authority

Usage Note

Fisco refers to the state treasury or tax authorities as an institution—equivalent to 'the public purse' or 'the taxman.' It is more formal and literary than Hacienda, the everyday term for the Spanish tax agency. Defraudar al fisco means to commit tax fraud.

Examples

"La empresa defraudó al fisco durante años."

Natural Translation

The company defrauded the treasury for years.

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