Deductible definition

dĭ-dŭktə-bəl
Frequency:
That can be deducted, especially with respect to income taxes.

Deductible expenses.

adjective
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Something, such as an expense, that can be deducted, as for income-tax purposes.
noun
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A clause in an insurance policy that exempts the insurer from paying an initial specified amount in the event that the insured sustains a loss or must pay for services otherwise covered under the policy.
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The specified amount that must be paid by the holder of such a policy.
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That can be deducted.
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That is allowed as a deduction in computing income tax.

Deductible expenses.

adjective
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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.
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The amount stipulated.
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In an insurance policy, the monetary amount of the loss that must be paid by the insured before the insurer becomes responsible for any reimbursement.
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That can be deducted.
adjective
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(US, insurance) Amount of expenses that must be paid out of pocket before an insurer will pay any expenses.
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Other Word Forms

Noun

Singular:
deductible
Plural:
deductibles