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Absolves and Exempt

verb

  • Grant relief or an exemption from a rule or requirement to.
    • usage: "She exempted me from the exam"
  • Grant exemption or release to.
    • usage: "Please excuse me from this class"

adjective

  • Of persons) freed from or not subject to an obligation or liability (as e. G. Taxes) to which others or other things are subject. (
    • usage: "a beauty somehow exempt from the aging process"; "exempt from jury duty"; "only the very poorest citizens should be exempt from income taxes"
  • Of goods or funds. ( not subject to taxation)
    • usage: "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation"

Being freed from or not subject to an obligation, liability, tax, etc.; excused. Examples:' EXEMPT' gifts or tax-exempt bonus.