deductible

1 of 2

adjective

de·​duct·​ible di-ˈdək-tə-bəl 

dē-

: allowable as a deduction

expenses that are deductible from taxable income

deductibility

di-ˌdək-tə-ˈbi-lə-tē 

dē-;

noun

deductible

2 of 2

noun

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

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 Web

Adjective

Many people switched to cheaper, higher-deductible plans, but average premium payments still rose 58% and deductibles climbed 37%, or more than US$1,000 per person. — Aparna Soni, Fortune, 14 July 2026

Many people switched to cheaper, higher-deductible plans, but average premium payments still rose 58% and deductibles climbed 37%, or more than US$1,000 per person. — Aparna Soni, The Conversation, 13 July 2026

Noun

Many people switched to cheaper, higher-deductible plans, but average premium payments still rose 58% and deductibles climbed 37%, or more than US$1,000 per person. — Aparna Soni, Fortune, 14 July 2026

The initial deductible for Medicare Part D, which covers prescription drugs, will be $700 in 2027, up from $615 in 2026, according to the trustees report. — Lorie Konish, CNBC, 14 July 2026

Word History

First Known Use

Adjective

1856, in the meaning defined above

Noun

1922, in the meaning defined above

Phrases Containing deductible

• tax-deductible

Rhymes for deductible

• indestructible
• ineluctable
• nondeductible

Legal Definition

deductible

1 of 2 adjective

de·​duc·​ti·​ble di-ˈdək-tə-bəl 

: allowable as a deduction

deductibility

-ˌdək-tə-ˈbi-lə-tē 

noun

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