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definitions

taxable

[tak-suh-buh l]

adjective

capable of being taxed; subject to tax: a taxable gain.

noun

Usually taxables. persons, items of property, etc., that are subject to tax.

Nearby words

  1. tax-deferred,
  2. tax-deferred annuity,
  3. tax-exempt,
  4. tax-free,
  5. taxa,
  6. taxaceous,
  7. taxation,
  8. taxation without representation,
  9. taxation without representation is tyranny,
  10. taxco

Origin of taxable

late Middle English word dating back to 1425–75; see origin at tax, -able
Related forms
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for nontaxable

nontaxable

adjective

not subject to tax

taxable

adjective

capable of being taxed; able to bear tax
subject to tax

noun

(often plural) US a person, income, property, etc, that is subject to tax
Derived Formstaxability or taxableness, nountaxably, adverb
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
Word Origin and History for nontaxable

taxable

adj.

"subject to taxation," late 15c., from Anglo-Latin taxabilis; see tax (v.) + -able.

Online Etymology Dictionary, © 2010 Douglas Harper