tax-exempt

/tæksɛgˈzɛmpt/
/tæksɛgˈzɛmpt/
IPA guide

Definitions of tax-exempt
  1. adjective
    (of goods or funds) not taxed
    “tax-exempt bonds”
    synonyms: tax-free, untaxed
    exempt, nontaxable
    (of goods or funds) not subject to taxation
  2. noun
    a security that is not subject to taxation
    synonyms: tax-exempt security
    see moresee less
    type 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
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