tax-exempt
Americanadjective
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not subject or liable to taxation.
tax-exempt imports.
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providing income that is not taxable.
tax-exempt municipal bonds.
noun
adjective
-
(of an income or property) exempt from taxation
-
(of an asset) earning income that is not subject to taxation
Etymology
Origin of tax-exempt
First recorded in 1920–25
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Highway drivers will be allowed to use a red-dyed farm fuel that’s tax-exempt through the end of 2026.
From The Wall Street Journal ● Oct. 7, 2026
In this case, tax-exempt securities would be the biggest beneficiary.
From The Wall Street Journal ● Sep. 23, 2026
This is a very good moment for you to look into tax-exempt bonds if you are investing for income.
From MarketWatch ● Sep. 22, 2026
And a tax-exempt muni issued in New York City, for example, will be exempt from city income taxes as well.
From MarketWatch ● Sep. 10, 2026
Securities -- N. securities, stocks, common stock, preferred stock, bonds, puts, calls, options, option contract, warrants, commercial paper, bearer bond, tax-exempt bond, callable bond, convertable bond†. share, stock certificate; coupon, bond coupon. liquid assets.
From Roget's Thesaurus of English Words and Phrases by Peter Mark Roget
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
