👉 Excisable is a legal term in the United States that refers to an item or service for which the owner of the property can be held liable for payment, even if it has not been used as intended. This means that if someone purchases something and then later decides they no longer want it, they are still responsible for paying for it. For example, suppose you buy a house and decide you don't want to live there anymore, but you have paid the down payment and everything else. If you
