What's the difference between exempt and lease?

Exempt


Definition:

  • (a.) Cut off; set apart.
  • (a.) Extraordinary; exceptional.
  • (a.) Free, or released, from some liability to which others are subject; excepted from the operation or burden of some law; released; free; clear; privileged; -- (with from): not subject to; not liable to; as, goods exempt from execution; a person exempt from jury service.
  • (n.) One exempted or freed from duty; one not subject.
  • (n.) One of four officers of the Yeomen of the Royal Guard, having the rank of corporal; an Exon.
  • (a.) To remove; to set apart.
  • (a.) To release or deliver from some liability which others are subject to; to except or excuse from he operation of a law; to grant immunity to; to free from obligation; to release; as, to exempt from military duty, or from jury service; to exempt from fear or pain.

Example Sentences:

  • (1) But on June 29, 2011, Lois G Lerner, who heads the IRS division that oversees tax-exempt organizations, learned at a meeting that groups were being targeted, according to the watchdog's report.
  • (2) The chancellor confirmed he would bring in a welfare cap of £119.5bn, with the state pension and unemployment benefits exempted from this.
  • (3) As he told us: 'Individual faults and frailties are no excuse to give in and no exemption from the common obligation to give of ourselves.'
  • (4) However, an exemption in the MPA allows people from the US nuclear base on Diego Garcia to continue fishing.
  • (5) However, the 1916 Irish Easter Rising would be exempt.
  • (6) Relief on contributions, national insurance, tax-exempt lump sums and others amounts to a phenomenal £48.4bn a year.
  • (7) It had originally said anyone earning more than €500,000 (£410,000) a year would fall under the cap but has now exempted them if they are not taking or managing risk.
  • (8) The relative efficiency of investor-owned and tax-exempt hospitals in the product market for hospital services is examined as the free cash flow theory is used to explore capital-market conditions of hospitals.
  • (9) Asked whether the US tax code was convoluted and difficult to understand partly because of lobbying by companies including Apple for exemptions, Cook replied: "No doubt."
  • (10) The proposed exemption would be available to private companies that are based in Australia.
  • (11) "If at any time we had been presented with a scheme that in any way amounted to immunity, exemption or amnesty we would have stopped that scheme - consistent with our opposition to the previous Government's Northern Ireland (Offences) Bill in 2005."
  • (12) The Federal Aviation Administration (FAA) may choose to provide exemptions for studios hoping to use the technology for artistic purposes.
  • (13) The exemption for the McAllen clinic lasts only until another licensed abortion facility opens in a location closer to the Rio Grande Valley than San Antonio.
  • (14) It’s also a legal authority that is exempt from oversight by Congress or the secretive Foreign Intelligence Surveillance Court, meaning we know even less about it than the other NSA powers that have been dripping out over the last year and a half.
  • (15) The 2 types of exemptions proposed were: 1) allowing pharmacists to provide a prescription-only drug in an emergency with the doctor providing a prescription within 72 hours, and 2) allowing pharmacists to provide a 3-day emergency supply of drugs previously ordered by a physician.
  • (16) However, those who volunteer for charity or a government body can be exempted.
  • (17) Further, he suggests that there are theoretical reasons why one could expect that one set of circumstances--those which typically apply in the short-term emergency commitment of mentally ill persons predicted to be imminently violent--may be exempt from the systematic inaccuracy found in the current research.
  • (18) "It is my intention to release every part of every paper of interest subject only to legal exemptions."
  • (19) A spokesman for Turnbull said on Monday night Turnbull and Partners Holdings had been used for other investments more recently, but the prime minister would now write to ask that it be removed from the Asic exemption list.
  • (20) Instances in which investigational use would require application to the FDA for an investigational New Drug Exemption (IND) and instances in which their use would require approval by an Institutional Review Board (IRB) will be described and examples given.

Lease


Definition:

  • (v. i.) To gather what harvesters have left behind; to glean.
  • (v. t.) To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; -- sometimes with out.
  • (v. t.) To hold under a lease; to take lease of; as, a tenant leases his land from the owner.
  • (v. t.) A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
  • (v. t.) The contract for such letting.
  • (v. t.) Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.

Example Sentences:

  • (1) Mindful of their own health ahead of their mission, astronauts at the Russia-leased launchpad in Kazakhstan remain in strict isolation in the days ahead of any launch to avoid exposure to infection.
  • (2) In 2005, Westbrook bought the £190m head lease for Dolphin Square, once the largest block of flats in the world with a colourful list of former residents, including more than 70 MPs, at least 10 Lords and a number of intelligence agency personnel.
  • (3) The Labour leadership election gained a new lease of life today as parliament's first black female MP, Diane Abbott , entered the race and the party extended the deadline for nominations, giving extra time for new candidates to emerge.
  • (4) In 2012, the state and county committed $226m to the team in a new lease deal.
  • (5) In addition, another 25 million acres of state and federal lands in the U.S. Arctic — onshore and off — are open to oil and gas leasing; of that,13.5 million acres have already been leased.
  • (6) A student who lost her leg in the Alton Towers rollercoaster crash says she has been given a new lease of life by a hi-tech prosthetic leg and that she is stronger for her harrowing experience.
  • (7) Many articles published on the topic of lease financing point only to the benefits that may be derived.
  • (8) The MD-83 aircraft, owned by Spanish company Swiftair and leased by Algeria's flagship carrier, disappeared from radar less than an hour after it took off from Ouagadougou for Algiers.
  • (9) Although providing a new lease on life is very rewarding within itself, it can also be stressful for all involved.
  • (10) His lieutenants have floated the possibility that whoever takes over our roads could get them on 100-year leases – which would just be transferring a public asset to some private-sector oligarch.
  • (11) The retailer has also taken a £70m hit from onerous leases, and distribution centre closures in Harlow and Weybridge cost £30m.
  • (12) NT chief minister Adam Giles said the decision to lease the port rather than sell allowed the government to ensure conditions are upheld.
  • (13) But landlords often put your rent up massively at the end of your lease, meaning you have to move every two years."
  • (14) The village of Point Hope, Alaska, joined by numerous native and environmental groups, is now challenging offshore development on the 2.9 million acres in the Chukchi Sea, contending that MMS violated federal environmental laws when it conducted the lease sales.
  • (15) Her rent was increased by $20 as soon as her fixed-term lease ended, despite already being more expensive than similar properties in the area.
  • (16) That approval was therefore invalid, she said, adding the company was yet to obtain a mining lease for Alpha.
  • (17) But as Kathimerini.com reports, the plan is to definitely to lease the islands, not sell them forever: The fund reviewed 562 of the estimated 6,000 islands and islets under Greek sovereignty.
  • (18) The company hired by Royal Dutch Shell plc in 2012 to drill on petroleum leases in the Chukchi — Sugarland, Texas-based Noble Drilling US LLC — in December agreed to pay $12.2m after pleading guilty to eight felony environmental and maritime crimes on board the Noble Discoverer.
  • (19) However, Adani has turned to the national native title tribunal to override this objection, which would allow the state government to issue a lease for the mine.
  • (20) Contracts with a Lend Lease-led consortium were signed last week and construction is due to begin this year.