1

deductible

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

Definition of deductible

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

deductibility

play \-ˌdək-tə-ˈbi-lə-tē\ noun

Examples of deductible in a sentence

  1. The trip was deductible as a business expense.

1856

First Known Use of deductible

1856


2

deductible

noun de·duct·ible

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 in a sentence

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

1929

First Known Use of deductible

1929


DEDUCTIBLE Defined for English Language Learners

1

deductible

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

Definition of deductible for English Language Learners

  • : able to be subtracted from an amount of money


2

deductible

noun de·duct·ible

Definition of deductible for English Language Learners

  • : 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


Law Dictionary

1

deductible

play
adjective de·duc·ti·ble \di-ˈdək-tə-bəl\

Legal Definition of deductible

  1. :  allowable as a deduction

deductibility

\-ˌdək-tə-ˈbi-lə-tē\ play noun

2

deductible

noun de·duct·ible

Legal 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 specified in such a clause — compare franchise 4a



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