English Dictionary |
TAX-EXEMPT
Pronunciation (US): | (GB): |
IPA (US): |
Dictionary entry overview: What does tax-exempt mean?
• TAX-EXEMPT (noun)
The noun TAX-EXEMPT has 1 sense:
1. a security that is not subject to taxation
Familiarity information: TAX-EXEMPT used as a noun is very rare.
• TAX-EXEMPT (adjective)
The adjective TAX-EXEMPT has 1 sense:
1. (of goods or funds) not taxed
Familiarity information: TAX-EXEMPT used as an adjective is very rare.
Dictionary entry details
Sense 1
Meaning:
A security that is not subject to taxation
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
tax-exempt; tax-exempt security
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)
Sense 1
Meaning:
(of goods or funds) not taxed
Synonyms:
Context example:
an untaxed expense account
Similar:
exempt; nontaxable ((of goods or funds) not subject to taxation)
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