HomeDefinitionsCompareDebt Personal exemptionThe financial definition for Personal exemption:Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation. Similar MatchesExemptionExemptionDirect reductions from gross income allowed by the IRS. Small issues exemptionSmall issues exemptionSecurities issues that involve less than $1.5 million are not required to file a registration statement with the SEC. Instead, they are governed by Regulation A, for which only a brief offering statement is needed. Click to compare definitions of Personal exemption Click to view definitions beginning pe |