Reference meaning

nonexempt

adjective·Reference

Last updated

(of goods or funds) subject to taxation

Related source terms

taxable

Other meanings

2. adjective

(of persons) not exempt from an obligation or liability

Source and scope

This definition is reproduced from Princeton WordNet 3.0, sense 02400219-a, under the WordNet 3.0 License. It has not yet received VocabularyBase editorial review. Read the source and license details.