Library / English Dictionary

TAX-EXEMPT

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A security that is not subject to taxation

Synonyms:

tax-exempt; tax-exempt security

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("tax-exempt" is a kind of...):

certificate; security (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends)

 II. (adjective) 

Sense 1

Meaning:

(of goods or funds) not taxed

Example:

an untaxed expense account

Synonyms:

tax-exempt; tax-free; untaxed

Classified under:

Adjectives

Similar:

exempt; nontaxable ((of goods or funds) not subject to taxation)

Credits