Legal Definition of Exemption: The act of being freed from a certain obligation that would ordinarily prevail, such as an exemption from serving on a jury because of a house-confining illness | Discover the importance of exemptions in the legal landscape and how they can benefit both individuals and businesses. Learn how exemptions can provide relief from obligations, promote growth and innovation, and contribute to a fair and inclusive society. Stay informed about relevant exemptions to navigate legal requirements and align with your business goals