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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