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deductible

Pronunciation: /dɪˈdʌktɪb(ə)l/

Definition of deductible

adjective

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

noun

North American
  • the part of an insurance claim to be paid by the insured; an excess.

Derivatives

deductibility

Pronunciation: /-ˈbɪlɪti/

noun

Spelling help

The ending of deductible is spelled -ible.

deductible in other Oxford dictionaries

Definition of deductible in the US English dictionary

Nearby words

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