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• a  (of goods or funds) subject to taxation
  nonexempt property
• a  (of persons) not exempt from an obligation or liability

• Said the court: such an exemption could have "a vicious effect upon nonexempt competitors.
• He made known that he wished all new Federal securities issued to supply the $3,860,000,000 to be nonexempt from taxes.
• Actually, the Federal Reserve regulations determine only the initial margin requirements, currently 70% of the total cost of registered nonexempt securities.

• taxable

• nontaxable
• exempt

News & Articles

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• Bankruptcies, June 21
  Four bankruptcy categories listed are: Chapter 7, bankruptcy involving liquidation of nonexempt assets; Chapter 11, plan permitting reorganization of financial affairs under court supervision for an individual engaged in business...
  June 21, 2013 - Omaha World-Herald

Quotes

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• William Galvin in Reuters
  Goldstein's Web site, Galvin said, "has no such control over access to securities advertising and offering materials, and constitutes an unregistered, nonexempt, public offering of securities in Massachusetts."