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exemption

[ig-zemp-shuh n]
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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.
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Origin of exemption

1400–50; late Middle English < Latin exemptiōn- (stem of exemptiō) removal. See exempt, -ion
Related formsex·emp·tive, adjectivenon·ex·emp·tion, nounpre·ex·emp·tion, noun

Synonyms

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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 Unabridged Dictionary, © Random House, Inc. 2018

Word Origin and History for exemptive

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.)).

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Online Etymology Dictionary, © 2010 Douglas Harper