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Adjective(1) (of persons, as e.g. taxes(2) (of goods or funds(3) (of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are subject(4) (of goods or funds) not subject to taxation(5) freed from responsibility
Verb(1) grant relief or an exemption from a rule or requirement to(2) grant exemption or release to(3) relieve(4) absolve

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(1) They are not something mysteriously exempt from the conditions they study.(2) You can make other tax-free gifts, called potentially exempt transfers, and they will be free from IHT if you survive another seven years.(3) A friend told me you can also make exempt gifts from income.(4) Am I expected to pay the IRS on the profit from the sale or am I exempt from capital gains taxes?(5) Those that were not felt they were exempt due to non-profit status.(6) She does not exempt anthropologists from her analysis.(7) He also promised to immediately exempt minimum wage earners from tax and give them a rebate for this year.(8) This may also affect Bermudians who wish to work for exempt companies in Bermuda.(9) Coaches like exempt events because they provide the opportunity to play high-level competition in neutral settings.(10) Inheritance tax is levied only on the estate, not on the recipients of any exempt gifts.(11) Thus, journalists' duties vary along a spectrum from the nonexempt to the exempt .(12) The system of exemptions told draftees that their society did not value them, long before this was made patent on their return home when they were spat upon by the exempt .(13) But he said Cepa did not exempt Hong Kong firms from complying with mainland business licensing requirements.(14) The Nice Treaty does not exempt Ireland from joining a common European defence policy.(15) As a middle-aged baby boomer, I am certainly not exempt from the wishes and dreams of the anti-aging movement.(16) Surely, some say, these elites should not be entirely exempt from pressure to adopt more climate friendly lifestyles.