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1

deductible

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adjective de·duct·ible \di-ˈdək-tə-bəl, dē-\

Simple Definition of deductible

  • : able to be subtracted from an amount of money

Full Definition of deductible

  1. :  allowable as a deduction <expenses that are deductible from taxable income>

de·duct·ibil·i·ty play \-ˌdək-tə-ˈbi-lə-tē\ noun

Examples of deductible

  1. The trip was deductible as a business expense.



1856

First Known Use of deductible

1856

Rhymes with deductible


2

deductible

noun de·duct·ible

Simple Definition of deductible

  • : an amount of money that you have to pay for something (such as having your car fixed after an accident) before an insurance company pays for the remainder of the cost

Full Definition of deductible

  1. :  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

  1. I have an insurance policy with a $1,000 deductible.



1929

First Known Use of deductible

1929



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