deductible
See also: déductible
English
Etymology
Pronunciation
- (UK) IPA(key): [dɪˈdʌktəbəɫ], [dɪˈdʊktəbəɫ]
Audio (Southern England): (file)
Adjective
deductible (comparative more deductible, superlative most deductible)
- 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
Derived terms
- deductibility
- tax deductible, tax-deductible
Translations
eligible to be deducted
|
Noun
deductible (plural deductibles)
- (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
- (British) excess
Translations
an amount of expenses that must be paid out of pocket before an insurer will pay further expenses — see excess