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

In the first Trump administration, an IRS ruling waived the deductible requirement for 14 specific services and medications that serve as treatments for such conditions as diabetes, asthma, heart disease, and depression. —John C. Goodman, Forbes.com, 6 June 2025

Look over hazard-specific provisions such as a wind deductible, which is likely to kick in for hurricane damage. —Ana Teresa Solá, CNBC, 5 June 2025

Noun

LendingTree experts urge homeowners to shop around to find the best prices, increase their deductibles to get a better premium and perform minor repairs without involving insurance. —Anna Skinner, MSNBC Newsweek, 12 June 2025

In addition to the $100 million for St. Louis disaster relief, the package authorizes $25 million for emergency housing assistance and a $5,000 income tax deduction to offset insurance policy deductibles for people in any area included in a request for a presidential disaster declaration. —Arkansas Online, 6 June 2025

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