Dictionary
1deductible
adjective de·duct·ible \di-ˈdək-tə-bəl, dē-\
: able to be subtracted from an amount of money
Full Definition of DEDUCTIBLE
: allowable as a deduction <expenses that are deductible from taxable income>
— de·duct·ibil·i·ty \-ˌdək-tə-ˈbi-lə-tē\ noun
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First Known Use of DEDUCTIBLE
1856
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Rhymes with DEDUCTIBLE
2deductible
noun
: 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
Full Definition of DEDUCTIBLE
: 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
See deductible defined for English-language learners
First Known Use of DEDUCTIBLE
1929
Other Economics Terms
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