Dictionary
nonexempt
adjective
Not exempt.
synonyms
Exact(17)
In Germany all nonexempt assets belonging to the bankrupt at the date of the adjudication form the bankrupt estate.
On the other hand, many other bankruptcy laws include within the estate subject to distribution all nonexempt assets acquired after the adjudication and during the period of the proceedings.
In the majority of civil-law countries that follow the traditional French model, the bankrupt estate likewise includes all nonexempt property owned by the debtor at the date of the adjudication and all property acquired during the course of the proceedings until the close of the case or the rehabilitation of the debtor.
Since bankruptcy laws aim at the liquidation or rehabilitation of insolvent estates, bankruptcy proceedings involve all nonexempt assets of the debtor, and all creditors entitled to share in the proceeds of the liquidation or in the adjustment of their claims are called to participate.
"I guess had you told me that when I hoisted that trophy on Sunday night and I went back to my hotel, if somebody had whispered in my ear that you're going to become a nonexempt player on the Tour and you're going to be a nonexempt player on the Web.com Tour, I would have told you you were crazy," Micheel said.
Those who made their living on Mondays were called rabbits, a term established pros used to describe nonexempt players who had only this desperate route to qualify for a spot and consequently hopped from event to event, week after week.
But, the service added, such organizations can engage in some political activity "so long as, in the aggregate, these nonexempt activities are not its primary activities".
But when you look at changing the major medical category for a nonexempt player, the ramifications it has for field makeup are incredible".
As a nonexempt player without a guaranteed place on any major tour, every paycheck brings him closer to earning future playing privileges.
In February, the bishops opposed a proposal that would have allowed employees of those nonexempt religious institutions to receive contraceptive coverage through policies paid for directly by insurance companies.
If the line between exempt and nonexempt workers has become unfairly blurred, the line distinguishing employee and independent contractor has faded to near invisibility.
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