deductible
[ dih-duhk-tuh-buhl ]
/ dɪˈdʌk tə bəl /
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adjective
capable of being deducted.
allowable as a tax deduction: Charitable contributions are deductible expenses.
noun
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.
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OTHER WORDS FROM deductible
de·duct·i·bil·i·ty, nounnon·de·duct·i·bil·i·ty, nounnon·de·duct·i·ble, adjective, nounun·de·duct·i·ble, adjectiveWORDS THAT MAY BE CONFUSED WITH deductible
deducible, deductibleDictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use deductible in a sentence
British Dictionary definitions for deductible
deductible
/ (dɪˈdʌktɪbəl) /
adjective
capable of being deducted
US and Canadian short for tax-deductible
noun
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
Derived forms of deductible
deductibility, nounCollins English Dictionary - Complete & Unabridged 2012 Digital Edition
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