tax-exempt


Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.

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:
Noun1.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

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
References in periodicals archive ?
In its 4-3 decision, the Court of Appeals said owners of tax-exempt property are not part of the calculation.
Austin: Fitch Ratings has withdrawn the 'F1' underlying ratings on South Carolina Public Service Authority's (Santee Cooper) commercial paper notes series B (tax-exempt), series BB (taxable), series C (tax-exempt), series CC (taxable), series D (tax-exempt), series DD (taxable), series E (tax-exempt) and series EE (taxable).
Ejercito, proponent of raising the amount of tax-exempt sale of houses and lots to P3 million, said his colleagues stuck to the original provision of the proposed Tax Reform for Acceleration and Inclusion (TRAIN) fixing the ceiling for tax-exempt sale of houses and lots at P2 million or less.
Overall, the ratio cuts affect three actively managed fund shares and nine active tax-exempt bond funds, representing investor savings of about $23 million, the fund family says.
Many tax-exempt organizations have turned to alternative investments--such as limited partnerships, real estate funds, and private-equity funds--to generate returns higher than more traditional, direct investments in real estate, stocks, and bonds.
WASHINGTON -- Every so often, in a bid to sound threatening, a member of Congress has vowed to revoke the NFL's tax-exempt status.
Purisima expects that the participation of state pension funds as well as other tax-exempt institutions in the secondary debt market to result in lower borrowing costs for the government.
The Tax Exempt Bond Division administers VCAP to help governmental issuers resolve violations of the federal tax laws applicable to their tax-exempt bonds, tax credit bonds, or direct pay bonds.
1, organizations that are federally tax-exempt under IRC secs.
The National Association of Clean Water Agencies (NACWA) and the Association of the Metropolitan Water Agencies (AMWA) released a report in July examining the vital role of tax-exempt municipal bonds in funding drinking water and wastewater infrastructure.
Many tax-exempt entities participate in the global economy by engaging in charitable or other exempt activities overseas and/or making foreign financial investments.