Library / English Dictionary

    TAX-EXEMPT SECURITY

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    A security that is not subject to taxationplay

    Synonyms:

    tax-exempt; tax-exempt security

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("tax-exempt security" is a kind of...):

    certificate; security (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends)

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