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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.

Synonyms

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Translations

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See also

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