exemption
pronunciation
How to pronounce exemption in British English:
UK [ɪgˈzempʃn]
How to pronounce exemption in American English:
US [ɪɡˈzɛmpʃən]
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- Noun:
- immunity from an obligation or duty
- a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
- an act exempting someone
Word Origin
- exemption (n.)
- c. 1400, 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 "take out, take away, remove" (see exempt (adj.)).
Example
- 1. It makes no exemption for technology transfers .
- 2. To start , congress should end the terrestrial performance royalty exemption .
- 3. As a result , it created a separate foia privacy exemption for corporations .
- 4. But germany only removed its spousal exemption in 1997 .
- 5. The tax exemption often costs the treasury more than the borrowers save on interest payments .