| / English Dictionary |
TAX-EXEMPT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A security that is not subject to taxation
Synonyms:
tax-exempt; tax-exempt security
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("tax-exempt" is a kind of...):
certificate; security (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends)
II. (adjective)
Sense 1
Meaning:
(of goods or funds) not taxed
Example:
an untaxed expense account
Synonyms:
Classified under:
Similar:
exempt; nontaxable ((of goods or funds) not subject to taxation)
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