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nontaxable
Exact Match:
nontaxable
(of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation"
Synonyms:
no synonyms found
Related Words:
deductible
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a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
acceptable as a deduction (especially as a tax deduction)
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