Definition of exemption in English:
The action of freeing or state of being free from an obligation or liability imposed on others: vehicles that may qualify for exemption from tax
More example sentences
- I propose to grant full exemption from tax to the income of this Trust.
- Woodland enjoys several tax breaks, including exemption from inheritance tax after two years.
- They cannot claim income tax exemption from the money they earn from doing live concerts.
Words that rhyme with exemptionpre-emption, redemption
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.