Definition of exemption

Definitions

Noun

immunity from an obligation or duty

Noun

a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.); "additional exemptions are allowed for each dependent"

Noun

an act exempting someone; "he was granted immunity from prosecution"

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Synonyms

freedom granting immunity immunity

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More General Terms

deduction discharge immunity release tax deduction tax write-off unsusceptibility waiver

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More Specific Terms

amnesty diplomatic immunity fix grandfather clause impunity indemnity official immunity sovereign immunity testimonial immunity use immunity

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