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exclude
(redirected from excludability)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.01 sec.
exclude someone or something from something
to leave someone or something out of something; to leave someone or something off a list. Did you mean to exclude me from the party? I excluded chocolate cake from the shopping list.

present company excepted  (British, American & Australian humorous) also present company excluded (American humorous)
something that you say which means that the criticism you have just made does not describe the people who are listening to you now People just don't know how to dress in this country, present company excepted, of course.
See also: company, except, present


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Taxpayers are unable to get advance rulings from the IRS on the excludability and allocations of damage awards (revenue procedure 2005-3).
5 Treating health and accident plans as retroactive--in terms of employee excludability from income
132-9, Q/A-9 ("Q/A-__"), which explains how to calculate the monthly limitation on the excludability of qualified transportation fringes, has been expanded to permit the distribution of transit passes up to 12 months in advance, subject to the applicable monthly limitation and the following rules (which include an astounding exemption from employment taxes in certain situations).
 
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