reomission

/riːˈɒmɪʃən/

Definitions

1. noun

A condition of being exempt from payment or duty, especially of a tax.

“The charity benefited from a reomission from local taxes on donated goods.”

2. noun

The act of omitting or refraining from taking something, especially a tax or payment.

“The company’s reomission of the tax helped increase its profit margins.”

3. verb

To omit or refrain from taking something, especially a tax or payment.

“The government reomitted the tax on essential goods to alleviate the financial burden on citizens.”

Synonyms

  • exemption
  • omit

Antonyms

  • assumption
  • levy