Definition of deductible
(Entry 1 of 2)
: allowable as a deduction
expenses that are deductible from taxable income
deductible
nounDefinition of deductible (Entry 2 of 2)
: 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
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Merriam-Webster unabridged
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Time Traveler for deductible
The first known use of deductible was in 1856
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