exemption

American  

[ig-zemp-shuhn] / ɪgˈzɛmp ʃən /

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

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Related Words

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.

Other Word Forms

• exemptive adjective
• nonexemption noun
• preexemption noun

Etymology

Origin of exemption

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

Example Sentences

There are some exemptions and discounts, for example for someone living alone and homes occupied only by students, which helps lower the cost for some.

From BBC

A few weeks ago, Hegseth wrote to the committee asking for an exemption for oil and gas drilling in the Gulf.

From BBC

Police also visited Warren a week before the attack, where he lied, saying he already had exemption paperwork for Bear, purchased on Gumtree.

From BBC

Traditional finance firms and Sifma oppose a broad exemption, citing investor protection concerns and potential profit erosion.

From Barron's

Dogs seized because of a criminal allegation - where owners have breached exemptions or the animal has been involved in an attack - must remain in the kennels until criminal proceedings are concluded.

From BBC

Related Words

• discharge
• dispensation
• exception
• immunity
• privilege