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deductible

Syllabification: (de·duct·i·ble)
Pronunciation: /diˈdəktəbəl/
Definition of deductible

adjective

  • able to be deducted, especially from taxable income or tax to be paid:child-care vouchers will be deductible expenses for employersSee also tax-deductible.

noun

North American
  • (in an insurance policy) a specified amount of money that the insured must pay before an insurance company will pay a claim:a traditional insurance policy with a low deductible

Derivatives

deductibility

noun
The ending of deductible is spelled -ible.

deductible in other Oxford dictionaries

Definition of deductible in the British & World English dictionary