exemption
exemption n. (1)豁免；免除(责任、义务) (2)财产豁免权指法律允许判决确定的债务人得以保留的一定数量或一定种类的财产在执行、扣押、破产等程序中可免被扣押和变卖的特权。 (3)(收入中的)免税额 包括两种情况：个人收入免税额〔personal exemption〕和被扶养所得收入免税额〔dependency exemption〕 。(→exemption laws; dependency exemption)
EXEMPTION
exemption
exemption. 1. Freedom from a duty, liability, or other requirement; an exception. See IMMUNITY; EXCEPTION(2). 2. A privilege given to a judgment debtor by law, allowing the debtor to retain certain property without liability. [Cases: Exemptions 1; Homestead 1.] 3. Tax. An amount allowed as a deduction from adjusted gross income, used to determine taxable