TAX-EXEMPT


Meaning of TAX-EXEMPT in English

Pronunciation: ˌ taks-ig- ' zem(p)t

Function: adjective

Date: 1923

1 : exempted from a tax

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

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