Tax·a·ble a.
1. Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities.
2. Law That may be legally charged by a court against the plaintiff of defendant in a suit; as, taxable costs.
-- Tax*a*ble*ness, n. -- Tax*a*bly, adv.
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taxable
adj : (of goods or funds) subject to taxation; "taxable income";
"nonexempt property" [syn: nonexempt] [ant: nontaxable]