non-exempt - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “non-exempt”

non-exempt

adjective ( also nonexempt)
 
 
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. →  Compare exempt adjective
(Definition of non-exempt from the Cambridge Business English Dictionary © Cambridge University Press)
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