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Definition of Deductible
1. Adjective. Acceptable as a deduction (especially as a tax deduction).
Category relationships: Revenue Enhancement, Tax, Taxation
Similar to: Allowable
Derivative terms: Deduct
Antonyms: Nondeductible
Similar to: Allowable
Derivative terms: Deduct
Antonyms: Nondeductible
2. Noun. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax).
Category relationships: Revenue Enhancement, Tax, Taxation
Generic synonyms: Amount, Amount Of Money, Sum, Sum Of Money
Generic synonyms: Amount, Amount Of Money, Sum, Sum Of Money
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 a. Capable of being deducted, taken away, or withdrawn.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]