Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • adjective Not subject to taxation, as the capital or income of a philanthropic organization.
  • adjective Producing interest that is exempt from income tax.
  • noun A tax-exempt security.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • adjective Describing something that is not taxed.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • adjective (of goods or funds) not taxed
  • noun a security that is not subject to taxation

Etymologies

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Examples

  • The average long-term tax-exempt fund is down 4.4% since Nov. 1, according to Morningstar Inc., and no fund in the category has avoided losses.

    Limiting Muni Losses Tom Lauricella 2011

  • They are classified as tax-exempt nonprofit organizations, known as 501c organizations under the tax code.

    SFGate: Don Asmussen: Bad Reporter By JAMEY KEATEN 2012

  • Like other issuers of so-called tax-exempt conduit bonds, such as the Dormitory Authority of the State of New York, PFA can sell municipal bonds on behalf of a nonprofit group or company if the underlying project is expected to spur economic development.

    Wisconsin Issuer Roils Muni Field Jeannette Neumann 2011

  • After all, since churches risk losing their tax-exempt status for engaging in express advocacy on behalf of a partisan cause but not advocating for or against nonpartisan ballot initiatives, perhaps we should not be surprised by the infrequency of politicking over the pulpit.

    American Grace Robert D. Putnam 2010

  • Tax reform to encourage new domestic investment has been halfhearted; only four of 22 tax-exempt oil fields are currently producing, according to BofA.

    The End of History for Russian Oil Liam Denning 2011

  • The USTA financed Arthur Ashe Stadium, which was opened in 1997, by selling tax-exempt bonds.

    U.S. Open Left in the Rain as Competitors Look for Cover Tom Perrotta 2011

  • Money market funds, on the other hand, still have value because you can find tax-exempt or tax-advantaged funds.

    What's The Difference Between Money Market Accounts And Money Market Funds? - The Consumerist 2009

  • In June, the New York City Capital Resource board gave the green light to award nearly $20 million in federal tax-exempt financing to a proposed Harlem hotel and retail-project backed by former football star Emmitt Smith.

    Hotel Plan Questioned Joseph De Avila 2010

  • For lack of a comma after the word “books,” the undersecretary argued that only books “used in book publishing” (her underlining) were tax-exempt.

    On the Great Book Blockade of 2009 (Updated 7 May) (with BDAP Paper) « BAHAY TALINHAGA 2009

  • If AARP is complying with the present regulations to remain a tax-exempt organization, Congress should tighten the rules.

    AARP's Letter Is Less Than Candid on Its Main Income 2011

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