Lexic.us

Definition of Deductible

1. Adjective. Acceptable as a deduction (especially as a tax deduction).

2. Noun. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax).

3. Noun. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount.

Definition of Deductible

1. a. Capable of being deducted, taken away, or withdrawn.

Definition of Deductible

1. Adjective. That can be deducted ¹

2. Noun. (American English) a clause in an insurance policy that deducts a defined amount from the sum paid out by the insurer ¹

¹ Source: wiktionary.com

Definition of Deductible

1. [n -S]

Lexicographical Neighbors of Deductible

deduced amino acid sequences deducement deducements deduces deducibility deducible deducibleness deducibly deducing deducive

deduct deductable deducted deductibilities deductibility deductible deductibles deductibles and coinsurance deducting deduction

deduction theorem deductions deductive deductive closure deductive inference deductive reasoning deductively deductivism deductivist deductivists

Literary usage of Deductible

Below you will find example usage of this term as found in modern and/or classical literature:

1. Forest Owners' Guide to the Federal Income Tax by William C. Siegel, William L. Hoover, Harry L. Haney, Jr., Karen Liu (1996)
"To do this, you need to know the kinds of losses that are deductible, ... Note that under certain circumstances a deductible loss results from the ..."

2. A Treatise on the Law of Income Taxation Under Federal and State Laws by Henry Campbell Black (1915)
"General Expenses Deductible. 115. Cost of Buildings on Leased Ground. ... Reserves Not Deductible. 127. Loss Due to Removal of Buildings. 128. ..."

3. Federal Income Tax Problems --1922 by Emerson Emanuel Rossmoore (1922)
"PROBLEM 138 Illustrating Items Not Deductible—Personal, Living or Family FACTS : Expense The books of account of J. Bole, investor, showed among others, ..."

4. Maintaining Budgetary Discipline: Spending and Revenue Options edited by Sherry Snyder (1999)
"US local income taxes are only deductible against US federal income taxes; however, all foreign income taxes generally can be credited against US federal ..."

5. A Treatise on the Federal Income Tax Under the Act of 1894 by Roger Foster (1895)
"Deductible Expenses. Deductions include all losses and expenses of the trade, profession, or investment from which the income is derived, ..."

Other Resources: