exemption

Definition

• n. immunity from an obligation or duty
• n. a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
• n. an act exempting someone

Word forms

Plural

exemptions

Example sentences

1. n.

   The charity received an exemption from taxes, allowing them to use more funds for their projects.

2. n.

   Due to the new regulations, the company was granted an exemption from routine inspections for the next year.