- the amount for which the insured is liable on each loss, injury, etc., before an insurance company will make payment: The deductible on our medical coverage has been raised from $50 to $100 per illness.
Origin of deductible
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for deductibility
You don't see many of them suggesting that we should, say, end the deductibility of debt interest payments.After the Fiscal Cliff: What do Democrats Want?
January 2, 2013
Lobbying reform—end the deductibility of corporations lobbying the executive branch.Obama Needs to Keep Attacking
January 26, 2010
- capable of being deducted
- US and Canadian short for tax-deductible
- insurance, US and Canadian a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholderAlso called (in Britain and certain other countries): excess
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Word Origin and History for deductibility
Online Etymology Dictionary, © 2010 Douglas Harper