STEM, then, is a specific program designed for a specific purposeâto integrate and apply knowledge of math and science in order to create technologies and solutions for real-world problems, using an engineering design approach. Itâs no surprise that STEM programs need to maintain an intense focus.
Excise definition, an internal tax or duty on certain commodities, as liquor or tobacco, levied on their manufacture, sale, or consumption within the country. See more. Dictionary.com
Financial Institution Excise Tax FAQ. What is Financial Institution Excise Tax? The Excise Tax on Financial Institutions is levied to give effect to the provisions of Federal law limiting the right of the states to tax national banking associations. It is not a tax on income but is an excise tax measured by income.