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Definition of "exemption" []

  • The act or an instance of exempting. (noun)
  • The state of being exempt; immunity. (noun)
  • One that is exempted, especially an amount of income that is exempted from taxation. (noun)
  • (of an income or property) exemption from taxation (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

  • (of an asset) the earning of income that is not subject to taxation (noun)

www.Collinsdictionary.com (c) HarperCollins Publishers Ltd 2016

Use "exemption" in a sentence
  • "This exemption is the only way they will be able to do it and defend their fair uses."
  • "All you need for the exemption is the FM-3 and several months utility bills in your name at the address of the property being sold."
  • "The Problem: People are being asked to either pay customs duties on imported books, or get an exemption from the DOF."