exclusion

exclusion
exclusion ex‧clu‧sion [ɪkˈskluːʒn] noun [countable]
1. INSURANCE a particular event or risk that is mentioned in an insurance policy as something that the policy does not cover; = EXCEPTION:

• Common exclusions in medical insurance policies are pregnancy, cosmetic surgery and treatment of AIDS.

2. TAX an amount that would normally form part of a person's or company's total income, but on which tax does not have to be paid:

• Customs are reviewing the current range of exclusions.

* * *

exclusion UK US /ɪksˈkluːʒən/ noun
► [C] INSURANCE an event or situation that is not included in an insurance agreement as something for which the insurance company will pay money: »

Many insurance policies are full of exclusions, meaning insurers can legitimately turn claims down.

► [C] TAX an amount of money on which tax does not have to be paid: »

The current tax exclusion for capital gains on the sale of a home is $500,000 for a couple.

► [C] LAW something or someone that a contract, law, or agreement does not include: »

Trade between EU Member States is subject to various agreements, laws, and exclusions.

 »

In the exclusion clause, the supplier totally excludes his liability under the contract for late delivery.

► [U] a situation in which someone or something is prevented from entering a place or taking part in an activity: exclusion from sth »

However, technological advances also require workers and managers to keep updating their skills or risk exclusion from the labour market.

● to the exclusion of — Cf. to the exclusion of

Financial and business terms. 2012.

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Synonyms:
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Look at other dictionaries:

  • exclusion — [ ɛksklyzjɔ̃ ] n. f. • 1486; esclusion av. 1350; lat. exclusio 1 ♦ Action d exclure qqn (en le chassant d un endroit où il avait précédemment sa place, ou en le privant de certains droits). ⇒ élimination, expulsion, 1. radiation. Prononcer l… …   Encyclopédie Universelle

  • Exclusion — sociale L exclusion sociale est la relégation ou marginalisation sociale de personnes, ne correspondant pas ou plus au modèle dominant d une société. Elle n est généralement ni véritablement délibérée, ni socialement admise, mais constitue un… …   Wikipédia en Français

  • exclusion — ex·clu·sion /ik sklü zhən/ n 1: the act of excluding or state of being excluded; specif: refusal of entry into the U.S. by immigration officials review of deportation and exclusion orders compare deportation 2: something that excludes or is… …   Law dictionary

  • exclusion — Exclusion. s. f. Declaration par laquelle on exclud, ou l on est exclus de quelque honneur, charge, dignité, pretention, assemblée, &c. Donner l exclusion à quelqu un. il donna sa voix pour l exclusion d un tel. travailler à l exclusion. briguer… …   Dictionnaire de l'Académie française

  • exclusion — exclusion, social exclusion A process by which individuals or households experience deprivation , either of resources (such as income), or of social links to the wider community or society. During the 1980s, the language of social exclusion came… …   Dictionary of sociology

  • Exclusion — Ex*clu sion, n. [L. exclusio: cf. F. exclusion. See {Exclude}.] 1. The act of excluding, or of shutting out, whether by thrusting out or by preventing admission; a debarring; rejection; prohibition; the state of being excluded. [1913 Webster] His …   The Collaborative International Dictionary of English

  • exclusión — sustantivo femenino 1. Acción y resultado de excluir: Nadie entiende su exclusión del concurso. La exclusión de este producto del mercado se debe a su mala calidad sanitaria …   Diccionario Salamanca de la Lengua Española

  • exclusion — has become the offically used word in education for what used to be called, rather more dramatically and with stronger physical implications, expulsion. Similarly, a school pupil is said to be excluded rather than (as formerly) expelled. But the… …   Modern English usage

  • exclusion — [eks klo͞o′zhən, iksklo͞o′zhən] n. [ME exclusioun < L exclusio < pp. of excludere] 1. an excluding or being excluded 2. a thing excluded to the exclusion of so as to keep out, bar, etc. exclusionary adj …   English World dictionary

  • exclusion — c.1400, from L. exclusionem (nom. exclusio), noun of action from pp. stem of excludere (see EXCLUDE (Cf. exclude)) …   Etymology dictionary

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