Dictionary
exemption
exemption
noun ex·emp·tion \ig-ˈzem(p)-shÉ™n\
: freedom from being required to do something that others are required to do
: a source or amount of income that is not taxed
Full Definition of EXEMPTION
2
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Examples of EXEMPTION
- They were granted exemptions from military service.
- You can claim a tax exemption for each of your dependents.
First Known Use of EXEMPTION
14th century
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