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2 definitions found
 for taxable
From The Collaborative International Dictionary of English v.0.48 :

  Taxable \Tax"a*ble\, a.
     1. Capable of being taxed; liable by law to the assessment of
        taxes; as, taxable estate; taxable commodities.
        [1913 Webster]
     2. (Law) That may be legally charged by a court against the
        plaintiff of defendant in a suit; as, taxable costs.
        [1913 Webster] -- Tax"a*ble*ness, n. -- Tax"a*bly,
        [1913 Webster]

From WordNet (r) 3.0 (2006) :

      adj 1: (of goods or funds) subject to taxation; "taxable
             income"; "nonexempt property" [syn: taxable,
             nonexempt] [ant: exempt, nontaxable]

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