Dictionary.com
definitions
  • synonyms

tax-exempt

[taks-ig-zempt]
See more synonyms on Thesaurus.com
adjective
  1. not subject or liable to taxation: tax-exempt imports.
  2. providing income that is not taxable: tax-exempt municipal bonds.
noun
  1. a tax-exempt security.

Origin of tax-exempt

First recorded in 1920–25
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for tax-exempt

Contemporary Examples

Historical Examples

  • The tax-exempt organizations have a vested interest in the oppressive, inequitable, and wasteful federal-income-tax system.

  • These accumulations of tax-exempt billions place a heavier burden on taxpayers.

  • As the income tax rate decreases, the yield from tax-exempt securities diminishes proportionately.

    War Taxation

    Otto H. Kahn

  • The yield of tax-exempt securities at prevailing prices ranges from 3-1/2% to nearly 4-1/2%.

    War Taxation

    Otto H. Kahn


British Dictionary definitions for tax-exempt

tax-exempt

adjective
  1. (of an income or property) exempt from taxation
  2. (of an asset) earning income that is not subject to taxation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012