deductible
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About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page.1de·duct·ible
adjective \di-ˈdək-tə-bəl, dē-\Definition of DEDUCTIBLE
: allowable as a deduction <expenses that are deductible from taxable income>
— de·duct·ibil·i·ty \-ˌdək-tə-ˈbi-lə-tē\ noun
See Examples of DEDUCTIBLE
- The trip was deductible as a business expense.
First Known Use of DEDUCTIBLE
1856
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Rhymes with DEDUCTIBLE
2deductible
nounDefinition of DEDUCTIBLE
: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against; also : the amount of the loss specified in such a clause
Examples of DEDUCTIBLE
- I have an insurance policy with a $1,000 deductible.
First Known Use of DEDUCTIBLE
1929
Other Economics Terms
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