deductible

adjective
de·​duct·​ible | \ di-ˈdək-tə-bəl How to pronounce deductible (audio) , dē- \

Definition of deductible

 (Entry 1 of 2)

: allowable as a deduction expenses that are deductible from taxable income

deductible

noun

Definition 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

Other Words from deductible

Adjective

deductibility \ di-​ˌdək-​tə-​ˈbi-​lə-​tē How to pronounce deductible (audio) , dē-​ ; \ noun

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 Contributions to a Roth aren’t deductible but withdrawals are tax-free in retirement. Liz Weston, oregonlive, 25 June 2022 For repairs, customers cover a $49 deductible per claim, pay for the service at an authorized repair location, and submit their receipt to receive a reimbursement from Zagg. Mark Knapp, PCMAG, 2 Feb. 2022 MudLab paid its $1,000 deductible and the rest was covered by insurance. Elena Kadvany, San Francisco Chronicle, 13 Aug. 2021 Still, the credit is in addition to other tax benefits, such as deductible contributions in the case of traditional IRAs and tax-free withdrawals on Roths. Russ Wiles, The Arizona Republic, 20 Feb. 2022 In previous years, Marsh sponsored legislation that created public charter schools and a tax credit scholarship program, which routs tax-deductible contributions through a third party, for income-eligible students. al, 31 Jan. 2022 In addition, donors could make tax-deductible contributions via the non-profit’s website, maxcaresfoundation.org. courant.com, 13 Jan. 2022 And if you are covered by a retirement plan at work and your income is $76,000 or more ($125,000 if married), you're not allowed to make deductible contributions to a traditional IRA either. Jeanne Sahadi, CNN, 21 Dec. 2021 Tax-deductible financial contributions can be made at kids2kidstoydrive.com/donate. Evan Frank, Milwaukee Journal Sentinel, 18 Dec. 2021 Recent Examples on the Web: Noun There's typically a small deductible, and terms usually apply. CBS News, 7 June 2022 The higher the deductible, the lower the satisfaction. Deb Gordon, Forbes, 21 June 2021 But this protection product offered through Military Fares offered an opportunity for a full refund, minus a deductible. Christopher Elliott, BostonGlobe.com, 17 May 2022 If yes to any of these questions, going for a lower deductible may be best for you. oregonlive, 27 Apr. 2022 Other ways to slash your bill: Bundle home and auto insurance with the same provider or increase your deductible. Beth Braverman, CNN, 27 Apr. 2022 After a deductible of $445, Medicare pays 75 cents of the next dollar of cost. John C. Goodman, Forbes, 28 Jan. 2022 Think of it as group therapy but without the deductible. Seth Matlins, Forbes, 7 Mar. 2022 Hoagland opted to increase his deductible from $1,000 to $2,000, which reduced his homeowners insurance by about $500 annually. Kathy Orton, Anchorage Daily News, 26 Dec. 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'deductible.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of deductible

Adjective

1856, in the meaning defined above

Noun

1929, in the meaning defined above

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Time Traveler for deductible

Time Traveler

The first known use of deductible was in 1856

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Dictionary Entries Near deductible

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deductible

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Last Updated

30 Jun 2022

Cite this Entry

“Deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deductible. Accessed 1 Jul. 2022.

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More Definitions for deductible

deductible

adjective
de·​duc·​ti·​ble | \ di-ˈdək-tə-bəl How to pronounce deductible (audio) \

Legal Definition of deductible

 (Entry 1 of 2)

: allowable as a deduction

Other Words from deductible

deductibility \ -​ˌdək-​tə-​ˈbi-​lə-​tē How to pronounce deductible (audio) \ noun

deductible

noun

Legal Definition 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 specified in such a clause — compare franchise sense 4a

More from Merriam-Webster on deductible

Nglish: Translation of deductible for Spanish Speakers

Britannica English: Translation of deductible for Arabic Speakers

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