tax-exempt
Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.
Related to tax-exempt: Tax-exempt income, Tax-Exempt Interest, Tax-exempt money market fund, Tax-Exempt Organizations, Tax-Exempt Bonds, Tax-Exempt Securities
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.
n.
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.
n. 3. a tax-exempt security.
[1920–25]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Switch to new thesaurus
Noun | 1. | tax-exempt - a security that is not subject to taxation 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" nontaxable, exempt - (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation" |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
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