Look up: exemption

1. Exemption
   [church] In the Roman Catholic Church, exemption is the whole or partial release of an ecclesiastical person, corporation, or institution from the authority of the ecclesiastical superior next higher in rank. ...
   Found on http://en.wikipedia.org/wiki/Exemption_(
   
   
2. Exemption
   A state (with primacy) may exempt a public water system from a requirement involving a Maximum Contaminant Level (MCL), treatment technique, or both, if the system cannot comply due to compelling economic or other factors, or because the system was in operation before the requirement or MCL was inst...
   Found on http://www.epa.gov/OCEPAterms/
   
   
3. exemption
   [n] - immunity from an obligation or duty 2. [n] - an act exempting someone
   Found on http://www.webdictionary.co.uk/definitio
   
   
4. Exemption
   An allowable expense subtracted from gross income to reduce income tax liability. An exemption... <a target=_blank href='http://www.finance-glossary.com/terms/exemption.htm?id=520&ginPtrCode=00000&PopupMode=false' title='Read full definition of exemption'>more</a>
   Found on http://www.finance-glossary.com/pages/ho
   
   
5. exemption
   exemption of a quantity of nuclear material from declaration(Article 22) Category: Nuclear industry (with applied atomic and nuclear physics)
   Found on http://www.mijnwoordenboek.nl/definition
   
   
6. Exemption
   Is the removal of a piece of property from the tax base. The exemption may be partial or complete.
   Found on http://www.encyclo.co.uk/local/20965
   
   
7. Exemption
   Ex·emp'tion noun [ Latin exenptio a removing: confer French exemption exemption.] The act of exempting; the state of being exempt; freedom from any charge, burden, evil, etc., to which others are subject; immunity; privilege; as, exempti...
   Found on http://www.encyclo.co.uk/webster/E/85
   
   
8. exemption
   immunity noun an act exempting someone; `he was granted immunity from prosecution`
   Found on http://wordnetweb.princeton.edu/perl/web
   
   
9. exemption
   noun a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.); `additional exemptions are allowed for each dependent`
   Found on http://wordnetweb.princeton.edu/perl/web
   
   
10. exemption
    noun immunity from an obligation or duty
    Found on http://wordnetweb.princeton.edu/perl/web
    
    
11. Exemption
    Direct reductions from gross income allowed by the IRS.
    Found on http://www.duke.edu/~charvey/Classes/wpg
    
    
12. Exemption
    • (n.) The act of exempting; the state of being exempt; freedom from any charge, burden, evil, etc., to which others are subject; immunity; privilege; as, exemption of certain articles from seizure; exemption from military service; exemption from anxiety, suffering, etc.
    Found on http://thinkexist.com/dictionary/meaning
    
    
13. exemption
    (from the article `property tax`) The property tax has been increasingly weakened by a variety of exemptions. In the United States, for example, exemptions apply to about one-third of ... There are several ways of allowing for differences in family units. One is to give an exemption for each dependent, either on a flat per capita basis ...
    Found on http://www.britannica.com/eb/a-z/e/58
    
    
14. Exemption
    An exemption such as a tax exemption allows a certain amount of income or other value to be legally excluded to avoid or reduce taxation. Exemption may also refer to: ...
    Found on http://en.wikipedia.org/wiki/Exemption
    
    
15. Exemption
    - Amount of a taxpayer's income that is not subject to tax. All individuals, TRUSTS, and estates qualify for an exemption unless they are claimed as a dependent on another individual's tax return. Exemptions also are granted to taxpayers for their dependents.
    Found on http://www.nysscpa.org/prof_library/guid
    
    
16. Exemption
    The practice of exempting a student from a requirement. For example, if a college required all students to take freshman English, but on the basis of evidence of outstanding prior achievement (such as high scores on an examination) waived the requirement, this would constitute exemption.
    Found on http://www.uta.fi/FAST/US5/REF/glossary.
    
    
17. Exemption
    n. 1) Credit given for each dependent, disability, or age over 65 which result in a lower tax level. Not to be confused with deductions that reduce gross income when taxes are paid. 2) The right to be excluded from taxation if one is in a low-income bracket, not being subject to the military draft i...
    Found on http://www.legal-explanations.com/defini
    
    
18. Exemption
    Fields of application where a Treaty, Regulation or Directive does not apply.
    Found on http://www.fedee.com/gloss.shtml
    
    
19. Exemption
    If the University of London recognises that you have already covered a syllabus in the same depth and breadth as part of a previous qualification you will be granted an `exemption`, i.e. you will not be required to take a particular subject as part of your degree. For example, you must normally take...
    Found on http://www.londoninternational.ac.uk/stu
    
    
20. Exemption
    Where a learner may be exempted from having to achieve a particular unit on a course because they have a certificate from previous study which is confirmed by OCN to be equivalent to that unit.
    Found on http://www.ocnlr.org.uk/centres/resource
    
    
21. Exemption
    Some gifts are exempt from inheritance tax because the gifts are covered by exemptions. See exempt gifts for details of the exemptions from inheritance tax which may apply.
    Found on www.hmrc.gov.uk/cto/glossary.htm