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Meaning of “non-exempt” in the English Dictionary

"non-exempt" in Business English

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(also nonexempt) uk   us  
LAW, TAX, FINANCE used to describe something that has to be done, ​paid, etc. because it is not one of the ​situations where a particular ​rule or ​law does not have to be obeyed: People going ​bankrupt sometimes ​try to prevent non-exempt ​assets being taken from them.
(Definition of non-exempt from the Cambridge Business English Dictionary © Cambridge University Press)
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