DEDUCTIBLE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does deductible mean? 

• DEDUCTIBLE (noun)
  The noun DEDUCTIBLE has 2 senses:

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

  Familiarity information: DEDUCTIBLE used as a noun is rare.

• DEDUCTIBLE (adjective)
  The adjective DEDUCTIBLE has 1 sense:

1. acceptable as a deduction (especially as a tax deduction)

  Familiarity information: DEDUCTIBLE used as an adjective is very rare.

 Dictionary entry details 

• DEDUCTIBLE (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("deductible" is a kind of...):

amount; amount of money; sum; sum of money (a quantity of money)

Domain category:

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)

Derivation:

deductible (acceptable as a deduction (especially as a tax deduction))

Sense 2

Meaning:

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

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("deductible" is a kind of...):

article; clause (a separate section of a legal document (as a statute or contract or will))

Derivation:

deductible (acceptable as a deduction (especially as a tax deduction))

• DEDUCTIBLE (adjective)

Sense 1

Meaning:

Acceptable as a deduction (especially as a tax deduction)

Similar:

allowable (deductible according to the tax laws)

Domain category:

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)

Antonym:

nondeductible (not allowable as a deduction)

Derivation:

deduct (retain and refrain from disbursing; of payments)

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

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

 Context examples 

Participating beneficiaries pay part of healthcare costs through deductible amounts.

(Medicare, NCI Thesaurus)