Exemption Definition
 ĭg-zĕmpshən 
  exemptions
  
    noun
  
 
    exemptions
  
An exempting or being exempted; freedom or release from a liability, obligation, etc.; immunity.
 Webster's New World 
The act or an instance of exempting.
 American Heritage 
The exempting from an individual's taxable income of a specified sum for the taxpayer and each dependent.
 Webster's New World 
The sum specified.
 Webster's New World 
Synonyms: 
  Other Word Forms of Exemption
Noun
Singular:
 exemptionPlural:
 exemptionsOrigin of Exemption
-  
From Old French exemption, from Latin exemptio, from eximere
From Wiktionary
 
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