• word of the day

    tax-exempt

    tax-exempt - Dictionary definition and meaning for word tax-exempt

    Definition
    (noun) a security that is not subject to taxation
    Synonyms : tax-exempt security
    Definition
    (adj) (of goods or funds) not taxed
    Synonyms : tax-free , untaxed
    Example Sentence
    • tax-exempt bonds
    • an untaxed expense account
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