deductibility

Variant of deductible

deductible definition

de·duct·ible (-ə bəl)

adjective

  1. that can be deducted
  2. that is allowed as a deduction in computing income tax deductible expenses

noun

  1. a clause in an insurance policy stating that the insurer will pay that portion of a loss, damage, etc. remaining after a stipulated amount, to be paid by the insured party, is deducted
  2. the amount stipulated

Related Forms:

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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