exemption - meaning and definition. What is exemption
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What (who) is exemption - definition

WIKIMEDIA DISAMBIGUATION PAGE
Exempt; Exemption (disambiguation)

exemption         
n.
Immunity, privilege, release, exception, freedom from liability.
Exemption         
·noun The act of exempting; the state of being exempt; freedom from any charge, burden, evil, ·etc., to which others are subject; immunity; privilege; as, exemption of certain articles from seizure; exemption from military service; exemption from anxiety, suffering, ·etc.
exemption         
n.
1) to claim an exemption
2) to grant an exemption
3) a draft (AE); tax exemption
4) an exemption for (he received an exemption for his elderly parents)
5) an exemption from (an exemption from the draft)

Wikipedia

Exemption

Exemption may refer to:

  • Tax exemption, which allows a certain amount of income or other value to be legally excluded to avoid or reduce taxation
  • Exemption (Catholic canon law), an exemption in the Roman Catholic Church, that is the whole or partial release of an ecclesiastical person, corporation, or institution from the authority of the ecclesiastical superior next higher in rank
  • Stauropegic exemption, a specific type of ecclesiastical exemption in Eastern Christianity
  • Grandfather clause, an exemption that allows a pre-existing condition to continue, even if such a condition is now prohibited from being begun anew
  • Exempt employee, is one who is exempt from the Fair Labor Standards Act, i.e. is not entitled to overtime pay and other worker's benefits stated in the FLSA
  • Loophole, a weakness or exception that allows a system, such as a law or security, to be circumvented or otherwise avoided
Examples of use of exemption
1. Pressler applied to the hospital, but was informed that Widder is not entitled to a payment exemption, because his sons‘ income exceeds the exemption limit.
2. Stamp duty exemption is raised to 125,000 and inheritance tax exemption raised over the next four years, from 275,000 this year to 325,000.
3. Ben Artzi has received an exemption from military service, but the reason cited in the exemption is that he is not suitable.
4. "Every exemption ... as Prime Minister has said, will be examined.
5. Without the exemption, the authorization for the sale is void.