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

British Dictionary definitions for undeductible

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