deductible

[ dih-duhk-tuh-buhl ]
See synonyms for deductible on Thesaurus.com
adjective
  1. capable of being deducted.

  2. allowable as a tax deduction: Charitable contributions are deductible expenses.

noun
  1. 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

1
First recorded in 1855–60; deduct + -ible

Other words from deductible

  • de·duct·i·bil·i·ty, noun
  • non·de·duct·i·bil·i·ty, noun
  • non·de·duct·i·ble, adjective, noun
  • un·de·duct·i·ble, adjective

Words that may be confused with deductible

Words Nearby deductible

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use deductible in a sentence

British Dictionary definitions for deductible

deductible

/ (dɪˈdʌktɪbəl) /


adjective
  1. capable of being deducted

  2. US and Canadian short for tax-deductible

noun
  1. insurance, US and Canadian a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder: Also called (in Britain and certain other countries): excess

Derived forms of deductible

  • deductibility, noun

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