Meaning & Definition of Deductible in English
English⟶
Deductible
/dɪdəktəbəl/
noun
1. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
synonym:
- deductible
2. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
synonym:
- deductible
adjective
1. Acceptable as a deduction (especially as a tax deduction)
synonym:
- deductible