Definitions

1. adjective

relating to or based on the principle of exemption

“The exemptive clause in the contract allowed the company to pay reduced taxes for the next five years.”

2. noun

a provision or principle that allows exemption from a particular rule or obligation

“The government introduced an exemptive rule to help low-income families during the economic crisis.”

3. verb

to free or exempt from a particular rule or obligation

“The new policy will exemptive all veterans from paying property taxes on their homes.”