EXEMPTION


Meaning of EXEMPTION in English

n.

Pronunciation: ig- ' zem(p)-sh ə n

Function: noun

Date: 14th century

1 : the act of exempting or state of being exempt : IMMUNITY

2 : one that exempts or is exempted especially : a source or amount of income exempted from taxation

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.