: able to be subtracted from an amount of money
The trip was deductible as a business expense.
All donations to charities are deductible. [=taxes do not have to be paid on money given to charities]
tax-deductible expenses/donations
plural deductibles
US
: an amount of money that you have to pay for something (such as having your car fixed after an accident) before an insurance company pays for the remainder of the cost
I have an insurance policy with a $1,000 deductible.



