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Exemption

Exemption


ex·emp·tion  (g-zmpshn)
n.
1. The act or an instance of exempting.
2. The state of being exempt; immunity.
3. One that is exempted, especially an amount of income that is exempted from taxation.


exemption  /gzmpn/  n. [C;U] 1 freedom from a duty, requirement, or restriction: He received an exemption from military duty because he is disabled. 2 s.t. that frees a person from owing tax money: You can claim these expenses as exemptions when you file your income taxes. Exemption

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