tax-exempt

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tax-ex·empt

(tăks′ĭg-zĕmpt′)

adj.

1. Not subject to taxation, as the capital or income of a philanthropic organization.

2. Producing interest that is exempt from income tax: tax-exempt bonds.

A tax-exempt security.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

tax-exempt

adj

1. (Accounting & Book-keeping) (of an income or property) exempt from taxation

2. (Accounting & Book-keeping) (of an asset) earning income that is not subject to taxation

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

tax′-exempt`

adj.

1. not subject or liable to taxation.

2. providing income that is not taxable.

3. a tax-exempt security.

[1920–25]

ThesaurusAntonymsRelated WordsSynonymsLegend:

Switch to new thesaurus

Noun	1.	tax-exempt - a security that is not subject to taxation tax-exempt security 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; "he held several valuable securities"
Adj.	1.	tax-exempt - (of goods or funds) not taxed; "tax-exempt bonds"; "an untaxed expense account" tax-free, untaxed nontaxable, exempt - (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation"

Translations

tax-exempt

[ˌtæksɪgˈzempt] ADJ (US) → exento de impuestos, libre de impuestos

Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

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