deductible Meaning, Definition & Usage

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

WordNet


De*duct"i*ble adjective
Definitions
  1. Capable of being deducted, taken away, or withdrawn.
    Not one found honestly deductible From any use that pleased him. Mrs. Browning.
  2. Deducible; consequential.

Webster 1913