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
Although sometimes referred to as a tax, excise is specifically a duty; tax is technically a levy on an individual (or more accurately, the assessment of what that amount might be), while duty is a levy on particular goods. An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try to recover their loss by raising the price paid by the eventual buyer of the goods.