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  3. /exemption

exemption

UK/ig'zempʃәn/US
TOEFLB1

Definitions

n.

Freedom from an obligation, duty, or payment that others must meet.

免除,豁免

n.

An amount of income on which one does not have to pay tax.

免税额

Root Breakdown

Root-derived
ex-out of, former
+
-empttake, seize, hold
+
-ionact, process, state
=exemption

exempt + -ion (act/state) = "the state of being taken out" of a duty → a release from an obligation; in tax law, a portion of income that is taken out of what is taxed.

Root cap still carries 163 more words

Common Collocations

  • 1.tax exemption税收豁免
  • 2.exemption from对……的豁免
  • 3.claim an exemption申请豁免
  • 4.grant an exemption给予豁免

Example Sentences

  • 1.

    They applied for an exemption from the new regulations.

  • 2.

    The tax exemption saved the company thousands.

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