We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Exempt

Categories: IPO, Ethics/Morals

If something is exempt in your finances, it means you don’t have to pay taxes on it. For example, if you have a home loan, you don’t have to pay taxes on the interest rate on your mortgage.

Find other enlightening terms in Shmoop Finance Genius Bar(f)