Deductible
Definition, Meaning & Examples
Pronunciation [dɪˈdʌktəbəɫ] · Part of speech adjective
Quick meaning: Deductible is an adjective meaning Eligible to be deducted.
Meaning
Eligible to be deducted.
More Meanings
- (US, insurance) An amount of expenses that must be paid out of pocket before an insurer will pay further expenses.
Example Sentences
(Normally forgiven debt is taxable and only business expenses paid for with company income are deductible.)
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.
Word Forms
- deductibles
Synonyms for deductible
Depending on context, synonyms include excess, allowable.
Antonyms for deductible
Common opposites include nondeductible.
Related Words
Related dictionary entries include allowable, tax-deductible, franchising, coinsurance, franchise, duty-free.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.