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exemption

[ig-zemp-shuh n] /ɪgˈzɛmp ʃən/
noun
1.
the circumstances of a taxpayer, as age or number of dependents, that allow him or her to make certain deductions from taxable income.
2.
the act of exempting.
3.
the state of being exempted; immunity.
Origin
late Middle English
1400-1450
1400-50; late Middle English < Latin exemptiōn- (stem of exemptiō) removal. See exempt, -ion
Related forms
exemptive, adjective
nonexemption, noun
preexemption, noun
Synonyms
3. exception. Exemption, immunity, impunity imply special privilege or freedom from imposed requirements. Exemption implies release or privileged freedom from some duty, tax, etc.: exemption from military service. Immunity implies freedom from a penalty or from some liability, especially one that is disagreeable or threatening: immunity from disease. Impunity (limited mainly to the fixed expression with impunity ) primarily suggests freedom from punishment: The police force was so inadequate that crimes could be committed with impunity.
Antonyms
3. liability.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for exemptions
  • Yet the city government granted exemptions to many returning homeowners, grandfathering their houses at their prior elevations.
  • The tax upon the incomes of citizens residing abroad was five per cent, without the usual exemptions.
  • Permission is needed for republishing or excerpting, with limited exemptions for fair use.
  • Instead, they need incentives and exemptions from pollution and habitat loss to do business.
  • They intended to allow for clearing exemptions as regulators see fit.
  • But our tax system is similarly shot through with deductions, exemptions, and loopholes that exacerbate our deficit problem.
  • Last week, he announced that he would have special exemptions for poor families and impoverished districts.
  • Far from defending the free flow of information, he accused them of seeking special privileges and exemptions.
  • That's because of low incomes, credits for children or other dependents, or exemptions.
  • Painting survives on a case-by-case basis, its successes amounting to special exemptions from a verdict of history.
Word Origin and History for exemptions

exemption

n.

late 14c., from Old French exemption, exencion or directly from Latin exemptionem (nominative exemptio) "a taking out, removing," noun of action from past participle stem of eximere (see exempt (adj.)).

Online Etymology Dictionary, © 2010 Douglas Harper
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Word Value for exemptions

21
24
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