exempt (Verb) — Grant relief or an exemption from a rule or requirement to. ex. "She exempted me from the exam"
exempt (Verb) — Grant exemption or release to. ex. "Please exempt me from this class"
exempt (Adjective) — (of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are subject. ex. "a beauty somehow exempt from the aging process" ex. "exempt from jury duty" ex. "only the very poorest citizens should be exempt from income taxes"
exempt (Adjective) — (of goods or funds) not subject to taxation. ex. "income exempt from taxation"