Tax-free
(adjective)
- Not subject to taxes.
- Exempt from taxes.
Origin:
Derived from the phrase "tax" and "free" meaning "not subject to taxes".
Examples:
- The bond is tax-free.
- The municipality offers tax-free shopping during certain days of the year.
- The state has tax-free weekends for certain items.
- The country has tax-free zones for businesses.
- The account is tax-free for withdrawals made after a certain age.