taxable

Definition of Taxable in English :

1. nonexempt, taxable

(of goods or funds) subject to taxation

Example Sentences:
'taxable income'
'nonexempt property'

WordNet Lexical Database for English. Princeton University. 2010.

Taxable

adjective

1.

capable of being taxed; able to bear tax

2.

subject to tax

noun

3. (often plural) US

a person, income, property, etc, that is subject to tax

n.

1. A contribution for the support of a government required of persons, groups, or businesses within the domain of that government.

2. A fee or dues levied on the members of an organization to meet its expenses.

3. A burdensome or excessive demand; a strain.

tr.v. taxed, tax·ing, tax·es

1. To place a tax on (income, property, or goods).

2. To exact a tax from: taxed the people.

3. Law To assess (court costs, for example).

4. To make difficult or excessive demands upon: a boss who taxed everyone's patience.

5.

a. To accuse; confront: taxed him with ingratitude.

b. To hold accountable: The contractor was taxed with the mistake of the subcontractor.