Assets that are not considered for bankruptcy proceedings Exempt is also used to refer to assets not considered in the determination of eligibility for Medicaid
grant relief or an exemption from a rule or requirement to; "She exempted me from the exam" (of persons) freed from or not subject to an obligation or liability (as e
To exempt a person or thing from a particular rule, duty, or obligation means to state officially that they are not bound or affected by it. South Carolina claimed the power to exempt its citizens from the obligation to obey federal law + exemption exemptions ex·emp·tion the exemption of employer-provided health insurance from taxation. not affected by something, or not having to do it or pay it exempt from (exemptus, past participle of eximere; EXAMPLE). to give someone permission not to do or pay something exempt sb from sth
Free, or released, from some liability to which others are subject; excepted from the operation or burden of some law; released; free; clear; privileged; (with from): not subject to; not liable to; as, goods exempt from execution; a person exempt from jury service
To release or deliver from some liability which others are subject to; to except or excuse from he operation of a law; to grant immunity to; to free from obligation; to release; as, to exempt from military duty, or from jury service; to exempt from fear or pain
One of four officers of the Yeomen of the Royal Guard, having the rank of corporal; an Exon
Class of work not regulated under the Fair Labor Standards Act For further information, call the U S Department of Labor, Wage and Hour Division
Instruments exempt from registration requirements of the Securities Act of 1933 and the margin requirements of the Securities and Exchange Act of 1934 Exempt securities include debt of the U S Treasury, U S Government agencies and municipalities, private placements, commercial paper, Title XI, and equipment trust certificates