Exemption may refer to:
Tax exemption, which allows a certain amount of income or other value to be legally excluded to avoid or reduce taxationExemption (canon law), an exemption in the Roman Catholic Church, that is the whole or partial release of an ecclesiastical person, corporation, or institution from the authority of the ecclesiastical superior next higher in rankGrandfather clause, an exemption that allows a pre-existing condition to continue, even if such a condition is now prohibited from being begun anewExempt employee, is one who is exempt from the Fair Labor Standards Act, i.e. is not entitled to overtime pay and other worker's benefits stated in the FLSALoophole, a weakness or exception that allows a system, such as a law or security, to be circumvented or otherwise avoided referenceEver curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.
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