Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • adj. That can be deducted, especially with respect to income taxes: deductible expenses.
  • n. Something, such as an expense, that can be deducted, as for income-tax purposes.
  • n. A clause in an insurance policy that exempts the insurer from paying an initial specified amount in the event that the insured sustains a loss.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. That can be deducted
  • n. Amount of expenses that must be paid out of pocket before an insurer will pay any expenses.

from the GNU version of the Collaborative International Dictionary of English

  • adj. Capable of being deducted, taken away, or withdrawn.
  • adj. Deducible; consequential.

from The Century Dictionary and Cyclopedia

  • Capable of being deducted or withdrawn.
  • Deducible.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • adj. acceptable as a deduction (especially as a tax deduction)
  • n. a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
  • n. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)

Etymologies

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