exemption

[ ig-zemp-shuhn ]

noun

1. the circumstances of a taxpayer, such as their age or number of dependents, that allow them to make certain deductions from taxable income.
2. the act of exempting.
3. the state of being exempted; immunity.

   Synonyms: exception

   Antonyms: liability

Other Words From

• ex·emptive adjective
• nonex·emption noun
• preex·emption noun

Word History and Origins

Origin of exemption¹

First recorded in 1350–1400; late Middle English, from Middle French, from Latin exemptiōn- (stem of exemptiō ) “removal.” See exempt, -ion

Synonym Study

Exemption, immunity, impunity imply special privilege or freedom from imposed requirements. Exemption implies release or privileged freedom from some duty, tax, etc.: exemption from military service. Immunity implies freedom from a penalty or from some liability, especially one that is disagreeable or threatening: immunity from disease. Impunity (limited mainly to the fixed expression with impunity ) primarily suggests freedom from punishment: The police force was so inadequate that crimes could be committed with impunity.

Example Sentences

There could be exemptions to tariffs, such as those granted to Apple during Trump's first term.

From Salon

Ministers also argue the exemptions have tempted rich folk to buy up farm land – pushing up its value – primarily to avoid inheritance tax.

From BBC

The government has also said that combining tax reliefs and exemptions, depending on individual circumstances, could actually allow up to £3m to be passed on free of inheritance tax.

From BBC

The Right to Repair movement prevails with the latest exemption.

From Salon

A law introduced in February banned people from owning XL bully breeds without an exemption certificate.

From BBC

Related Words

• discharge
• dispensation
• exception
• immunity
• privilege