(exempt from)

  • 41Exempt securities — Instruments exempt from the registration requirements of the Securities Act of 1933 or the margin requirements of the SEC Act of 1934. Such securities include government bonds, agencies, munis, commercial paper, and private placements. The New… …

    Financial and business terms

  • 42exempt legacies and transfers — Gifts during an individual s life or death ( i.e. by means of a will) which, by virtue of the nature of the gift or the recipient, are automatically exempt from inheritance tax. Examples include transfers between spouses, gifts to charities and… …

    Financial and business terms

  • 43exempt supplies — Supplies of goods or services in the categories of items that are identified as exempt from value added tax, as given in the Value Added Tax Act (1994). The main categories are: land (including rent), financial services, postal services, betting …

    Accounting dictionary

  • 44exempt supplies — Supplies of goods or services in the categories of items that are identified as exempt from value added tax, as given in the Value Added Tax Act (1994). The main categories are: land (including rent), insurance and financial services, postal… …

    Big dictionary of business and management

  • 45exempt organization — An organization that is either partially or completely exempt from Federal income taxation. I.R.C. No. 501. See charitable organizations …

    Black's law dictionary

  • 46exempt organization — An organization that is either partially or completely exempt from Federal income taxation. I.R.C. No. 501. See charitable organizations …

    Black's law dictionary

  • 47exempt income — Income exempt from payment of income tax. Income not subject to levy or garnishment …

    Ballentine's law dictionary

  • 48exempt carrier — noun : a transport agency specializing in services (as taxi service) or commodities (as farm products or bulk cargo) exempt from regulation by the Interstate Commerce Act * * * a company operating vehicles performing services or carrying goods,… …

    Useful english dictionary

  • 49exempt — Property that is exempt is removed from the bankruptcy estate and is not available to pay the claims of creditors. The debtor selects the property to be exempted from the statutory lists of exemptions available under the law of his state. The… …

    Glossary of Bankruptcy

  • 50exempt property — Property or value in such property that is removed from the bankruptcy estate after having been properly declared as exempt in the bankruptcy schedules without any objection thereto (SA Bankruptcy.com) Property or value in property that a debtor… …

    Glossary of Bankruptcy