Exemption may refer to:
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Tax exemption
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, redu ...
, which allows a certain amount of income or other value to be legally excluded to avoid or reduce taxation
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Exemption (Catholic canon law)
In the Catholic Church, an exemption is the full or partial release of an ecclesiastical person, corporation, or institution from the authority of the ecclesiastical superior next higher in rank. For example, the Roman Catholic Archdiocese of Str ...
, 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 rank
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Stauropegic exemption
A stauropegion, also spelled stavropegion (from el, σταυροπήγιον from σταυρός ''stauros'' "cross" and πήγνυμι ''pegnumi'' "to affirm"), is a monastery or a parish which depends directly on the primate or on the Holy Syn ...
, a specific type of ecclesiastical exemption in Eastern Christianity
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Grandfather clause
A grandfather clause, also known as grandfather policy, grandfathering, or grandfathered in, is a provision in which an old rule continues to apply to some existing situations while a new rule will apply to all future cases. Those exempt from t ...
, an exemption that allows a pre-existing condition to continue, even if such a condition is now prohibited from being begun anew
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Exempt employee
The Fair Labor Standards Act of 1938 (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. It also prohibits employment of minors in "oppr ...
, 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 FLSA
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Loophole
A loophole is an ambiguity or inadequacy in a system, such as a law or security, which can be used to circumvent or otherwise avoid the purpose, implied or explicitly stated, of the system.
Originally, the word meant an arrowslit, a narrow verti ...
, a weakness or exception that allows a system, such as a law or security, to be circumvented or otherwise avoided
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