deductible

[ dih-duhk-tuh-buh l ]
/ dɪˈdʌk tə bəl /

adjective

capable of being deducted.
allowable as a tax deduction: Charitable contributions are deductible expenses.

noun

the amount for which the insured is liable on each loss, injury, etc., before an insurance company will make payment: The deductible on our medical coverage has been raised from $50 to $100 per illness.

Origin of deductible

First recorded in 1855–60; deduct + -ible

OTHER WORDS FROM deductible

de·duct·i·bil·i·ty, noun non·de·duct·i·bil·i·ty, noun non·de·duct·i·ble, adjective, noun un·de·duct·i·ble, adjective

WORDS THAT MAY BE CONFUSED WITH deductible

deducible deductible

Example sentences from the Web for deductibility

British Dictionary definitions for deductibility

deductible
/ (dɪˈdʌktɪbəl) /

adjective

capable of being deducted
US and Canadian short for tax-deductible

noun

insurance, US and Canadian a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder Also called (in Britain and certain other countries): excess

Derived forms of deductible

deductibility, noun