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deductible

From Wiktionary, the free dictionary
See also: déductible

English

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English Wikipedia has an article on:
Wikipedia

Etymology

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    From deduct + -ible.

    Pronunciation

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    • (UK) IPA(key): [dɪˈdʌktəbəɫ], [dɪˈdʊktəbəɫ]
    • Audio (Southern England):(file)

    Adjective

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    deductible (comparative more deductible, superlative most deductible)

    1. Eligible to be deducted.
      • 2021 February 23, Jeanne Sahadi, “So you got a PPP loan? Here’s what that means for your state taxes”, in CNN Business[1]:
        (Normally forgiven debt is taxable and only business expenses paid for with company income are deductible.)

    Antonyms

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    Derived terms

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    Translations

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    Noun

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    deductible (plural deductibles)

    1. (US, insurance) An amount of expenses that must be paid out of pocket before an insurer will pay further expenses.
      • 2019 April 1, Tami Luhby, “Fact Check: Are Obamacare’s deductibles more than $7,000?”, in CNN[2]:
        In a tweet, [Donald Trump] said that the deductibles are in many cases way over $7,000, which makes the coverage worthless or unusable. [] Family bronze plans have an average deductible of just under $12,200 and an average out-of-pocket maximum of nearly $14,000.

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