TAX-EXEMPT


Meaning of TAX-EXEMPT in English

transcription, транскрипция: [ ˌtaks-ig-ˈzem(p)t ]

adjective

Date: 1923

1. : exempted from a tax

2. : bearing interest that is free from federal or state income tax

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.