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deductible

de·duct·i·ble

deductible

 
pronunciation:
dih duhk t bl
parts of speech:
adjective, noun
part of speech: adjective
definition 1: able to be deducted.
definition 2: in the United States, allowable as a deduction from income to be taxed.
definition 3: to be deducted from any amount payable by insurance.
 
part of speech: noun
definition 1: an insurance policy containing a stipulation that the insurer will pay only amounts remaining after a given amount is paid by the insured party.
definition 2: an amount deducted from any total paid by insurance.
derivation: deductibility (n.)