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Definition of Nonexempt
1. Adjective. (of goods or funds) subject to taxation. "Nonexempt property"
Exact synonyms: Taxable
Similar to: Assessable, Dutiable, Ratable, Rateable
Antonyms: Nontaxable
Derivative terms: Tax, Taxability
Similar to: Assessable, Dutiable, Ratable, Rateable
Antonyms: Nontaxable
Derivative terms: Tax, Taxability
2. Adjective. (of persons) not exempt from an obligation or liability.
Definition of Nonexempt
1. Adjective. Not exempt. ¹
2. Adjective. (legal) Subject to taxation; not within any category of income to which taxes are not applied. ¹
3. Noun. One who is not exempt. ¹
¹ Source: wiktionary.com
Definition of Nonexempt
1. [n -S]