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Definitions from the Web

Exemption

Description:

An exemption refers to the act of being excused or released from a certain obligation, requirement, or liability. It is a privilege granted to an individual or a group that allows them to avoid or be excluded from something that others are subject to.

Examples:

Noun:

1. The company provided tax exemptions to encourage investments in the local economy.
2. Students who meet certain criteria may qualify for an exemption from the final exam.

Verb (rarely used):

1. The government exempts charitable organizations from paying income tax.
2. He tried to exempt himself from the responsibility by blaming others.

Adjective:

1. The government implemented an exemption policy for low-income families.
2. She possesses an exemption certificate, allowing her to park in handicapped spots.

Related Products:

• Tax Exemption Books on Amazon
• Exemption Certificate Products on Amazon