exemption

(noun)

noun

1. immunity from an obligation or duty

Similar word(s): freedom

Definition categories: state, immunity

2. a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)

- additional exemptions are allowed for each dependent

Definition categories: possession, deduction

3. an act exempting someone

Similar word(s): immunity

Definition categories: act, discharge, release, waiver