exemption :

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exemption

ig zemp shuhn

  • n  immunity from an obligation or duty
  • n  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
  • n  an act exempting someone

  • Lott's conservative critics, quite rightly, made a big fuss about his filing of a brief arguing that BJU should get the exemption despite its racist ban on interracial dating.
  • The McCain plan promises to increase the dependent exemption that a married couple could claim for each of their two children by $500.
  • He admitted that exemption "necessarily operates to afford an indirect economic benefit" but he felt that the practice does not produce the kind of governmental "sponsorship .
News & Articles

Quotes

  • Ted Thompson in ESPN
    It's been a year since we've seen Koren, so our first step is to have him return to Green Bay,Thompson said in a statement. "The Packers will request a roster exemption, during which time we would see where Koren is at in terms of football...
  • Barack Obama in Wall Street Journal
    Mr. Obama said in a statement the amendment "would carve out a special exemption for these lenders that would allow them to inflate rates, insert hidden fees into the fine print of paperwork, and include expensive add-ons that catch purchasers by...

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