deductible

[ dih-duhk-tuh-buhl ]

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.

deductible

/ dɪˈdʌktɪbəl /

adjective

1. capable of being deducted
2. See tax-deductible
   short for tax-deductible

noun

1. insurance 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

• deˌductiˈbility, noun

Other Words From

• 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

Word History and Origins

Origin of deductible¹

First recorded in 1855–60; deduct + -ible

Example Sentences

In 2017, tax dollars diverted into deductible voucher “donations” exceeded a billion dollars, providing “donors” with a dollar-for-dollar tax credits.

From Washington Post

Using Carrum, there are no co-pays, deductibles or co-insurance.

From TechCrunch

For example, some insured patients who opt not to use their benefits and instead take the company’s discount might be annoyed to find out that their purchase didn’t count toward their health insurance plan’s deductible.

From Vox

She said she wants to hold off on accepting the money until her paperwork is filed so the donations can be tax-deductible.

From Washington Post

Because that plan has a $6,000 deductible, however, Barber said she would look for something better during open enrollment, in consultation with the same navigator.

From Fortune

Bronze plans start at $191 a month, fully one-third more than the catastrophic plan, with a $6,000 deductible.

From The Daily Beast

The change, by the way, removes deductible caps from certain plans small businesses can offer their employees.

From The Daily Beast

The application of a deductible is often tied to whether the National Weather Service identifies the event as a hurricane.

From The Daily Beast

Nonetheless, I still had to cough up $1,300 a month with a $5,000 deductible for the two of us.

From The Daily Beast

Pre-Obamacare, a Carefirst plan with a $2,700 deductible would have cost me $111 a month, according to the ehealthinsurance site.

From The Daily Beast