de·duct·ible
di-ˈdək-tə-bəl 
dē-
: allowable as a deduction
expenses that are deductible from taxable income
plural deductibles
: the amount of financial loss specified in an insurance policy that the insurer will not be held responsible for and that the insurance holder must pay
The deductible on your insurance is the amount of money on an insurance claim you would pay before the insurance company pays. It's what you'll be paying out of pocket prior to the insurance coverage.—
Steve Fiorillo
Steve Fiorillo
also
: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against
Examples of deductible in a Sentence
Adjective
The trip was deductible as a business expense.
Noun
I have an insurance policy with a $1,000 deductible.
Recent Examples on the WebCalmatters, The Mercury News, 26 Mar. 2024
With Apple Care — which costs $500 for the Vision Pro — there’s a $299 deductible for damaging the cover glass.
—Victoria Song, The Verge, 23 Feb. 2024
Notably, one individual last September was ordered to pay $15 million in restitution after they were discovered to have falsified millions of dollars of personal expenses as deductible business expenses.
—William Gavin, Quartz, 22 Feb. 2024
Insurance companies would also be allowed to offer policies with a separate roof deductible that would not exceed 2% of the policy dwelling limits or 50% of the roof replacement costs.
—Lawrence Mower, Miami Herald, 30 Jan. 2024
However, many modifications such as widening doorways do not add value and are fully deductible, Flores said.
—Michelle Singletary, Washington Post, 5 Apr. 2024
This deduction is based on the premise that by relinquishing the right to develop or significantly alter the land, the property's market value is reduced, and this decrease in value can be deductible.
—Jessica Ledingham, J.d., Ll.m., Forbes, 29 Mar. 2024
In order to be tax deductible, at a minimum, the purpose of the flight must be for business.
—Guinevere Moore, Forbes, 21 Feb. 2024
Breast implants Cosmetic surgery is usually a personal expense and isn’t tax deductible.
—Medora Lee, USA TODAY, 20 Feb. 2024
Phil Galewitz | Kff Health News, ABC News, 29 Mar. 2024
Plus, their out-of-pocket exposure (in terms of deductibles and coinsurance) is $18,900.
—John C. Goodman, Forbes, 29 Feb. 2024
The authority has tried to make its policies more affordable by offering more options — for example, allowing homeowners to have separate deductibles for their dwellings and the items in them, such as furniture, appliances and other personal items.
—Karen Garcia, Los Angeles Times, 17 Jan. 2024
Medicaid also offers more robust coverage with minimal cost-sharing requirements such as copayments, coinsurance and deductibles that are common with ACA plans.
—Ken Alltucker, USA TODAY, 14 Jan. 2024
Patients' new plans might not include their doctors or might come with higher deductibles than their former coverage.
—Julie Appleby, NPR, 1 Apr. 2024
Andrea and her husband, for example, currently buy insurance from their state marketplace and have an annual deductible of $16,000, plus monthly premiums and other costs.
—Alicia Adamczyk, Fortune, 30 Jan. 2024
Insurers will have to count drug copay coupons toward deductibles and patient spending caps in most cases, after a Biden move in federal court on Tuesday.
—John Wilkerson, STAT, 17 Jan. 2024
Other factors that can help keep a lid on insurance prices include opting for high deductibles and maintaining a clean driving record: few, if any, accidents, speeding tickets, lapses in coverage or, especially, citations for driving under the influence.
—The Arizona Republic, 11 Feb. 2024
Adjective
For example, a family of four in Los Angeles earning $50,000 could qualify for a standard plan for $28 a month or a high deductible plan with no monthly premiums, according to Covered California’s quote tool.
—Calmatters, The Mercury News, 26 Mar. 2024
With Apple Care — which costs $500 for the Vision Pro — there’s a $299 deductible for damaging the cover glass.
—Victoria Song, The Verge, 23 Feb. 2024
Notably, one individual last September was ordered to pay $15 million in restitution after they were discovered to have falsified millions of dollars of personal expenses as deductible business expenses.
—William Gavin, Quartz, 22 Feb. 2024
Insurance companies would also be allowed to offer policies with a separate roof deductible that would not exceed 2% of the policy dwelling limits or 50% of the roof replacement costs.
—Lawrence Mower, Miami Herald, 30 Jan. 2024
However, many modifications such as widening doorways do not add value and are fully deductible, Flores said.
—Michelle Singletary, Washington Post, 5 Apr. 2024
This deduction is based on the premise that by relinquishing the right to develop or significantly alter the land, the property's market value is reduced, and this decrease in value can be deductible.
—Jessica Ledingham, J.d., Ll.m., Forbes, 29 Mar. 2024
In order to be tax deductible, at a minimum, the purpose of the flight must be for business.
—Guinevere Moore, Forbes, 21 Feb. 2024
Breast implants Cosmetic surgery is usually a personal expense and isn’t tax deductible.
—Medora Lee, USA TODAY, 20 Feb. 2024
Noun
The fees, which can exceed $4,000 a year, are in addition to copayments, deductibles and other charges not paid by patients' insurance plans.
—Phil Galewitz | Kff Health News, ABC News, 29 Mar. 2024
Plus, their out-of-pocket exposure (in terms of deductibles and coinsurance) is $18,900.
—John C. Goodman, Forbes, 29 Feb. 2024
The authority has tried to make its policies more affordable by offering more options — for example, allowing homeowners to have separate deductibles for their dwellings and the items in them, such as furniture, appliances and other personal items.
—Karen Garcia, Los Angeles Times, 17 Jan. 2024
Medicaid also offers more robust coverage with minimal cost-sharing requirements such as copayments, coinsurance and deductibles that are common with ACA plans.
—Ken Alltucker, USA TODAY, 14 Jan. 2024
Patients' new plans might not include their doctors or might come with higher deductibles than their former coverage.
—Julie Appleby, NPR, 1 Apr. 2024
Andrea and her husband, for example, currently buy insurance from their state marketplace and have an annual deductible of $16,000, plus monthly premiums and other costs.
—Alicia Adamczyk, Fortune, 30 Jan. 2024
Insurers will have to count drug copay coupons toward deductibles and patient spending caps in most cases, after a Biden move in federal court on Tuesday.
—John Wilkerson, STAT, 17 Jan. 2024
Other factors that can help keep a lid on insurance prices include opting for high deductibles and maintaining a clean driving record: few, if any, accidents, speeding tickets, lapses in coverage or, especially, citations for driving under the influence.
—The Arizona Republic, 11 Feb. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'deductible.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near deductible
Cite this Entry
“Deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deductible. Accessed 25 Apr. 2024.
Copy CitationLegal Definition
deductible
2 of 2 noun
: 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 sense 4a
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