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deductible

de·duc·tible

UK/dɪˈdʌktəbəɫ/ US/dɪˈdʊktəbəɫ/ uncommon us

adjective

1.

acceptable as a deduction (especially as a tax deduction)

Similar

noun

1.

(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)

2.

a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount

Origin

From deduct + -ible.

Related words

Broader terms

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.