TAXABLE

taxable, nonexempt

(adjective) (of goods or funds) subject to taxation; “taxable income”; “nonexempt property”

Source: WordNet® 3.1


Etymology

Adjective

taxable (not comparable)

subject to taxation.

Noun

taxable (plural taxables)

Something on which tax must be paid.

Source: Wiktionary


Tax"a*ble, a.

1. Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities.

2. (Law)

Definition: That may be legally charged by a court against the plaintiff of defendant in a suit; as, taxable costs.

– Tax"a*ble*ness, n.

– Tax"a*bly, adv.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

3 June 2025

OWNER

(noun) (law) someone who owns (is legal possessor of) a business; “he is the owner of a chain of restaurants”


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Coffee is among the most consumed beverages worldwide. According to Statista, an average person consumes roughly 42.6 liters of coffee per year.

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