/
ˈpriːsɛpt/
n.
   - a general rule regulating behaviour or thought.
- a writ or warrant.
- Brit. an order issued by one local authority to another specifying the rate of tax to be charged on its behalf. ▸Brit. a rate or tax set by a precept. 
Derivative
Etymology
ME: from L. praeceptum, neut. past part. of praecipere ‘warn, instruct’.