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exemption vs optionality

optionality vs exemption

exemption and optionality both are nouns.

Word NounAdjectiveVerbAdverb
exemption Yes No No No
optionality Yes No No No
As nouns, optionality is a hyponym of exemption; that is, optionality is a word with a more specific, narrower meaning than exemption:
  • exemption: immunity from an obligation or duty
  • optionality: Quality or state in which choice or discretion is allowed.
exemption (noun) optionality (noun)
an act exempting someone Quality or state in which choice or discretion is allowed.
a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
immunity from an obligation or duty
Difference between exemption and optionality

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