Deductible can be the amount you have to pay before your insurance kicks in, or it can mean an amount you can take off your taxes for various payments you have already made. Strange that one deductible can be so friendly and the other one so mean.
Capable of being deducted, taken away, or withdrawn.
Noun
a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
Noun
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
Adjective
acceptable as a deduction (especially as a tax deduction)
a.
Capable of being deducted, taken away, or withdrawn.
a.
Deducible; consequential.
Deductible
Not one found honestly deductible From any use that pleased him.2.
Capable of being deducted, taken away, or withdrawn.
Usage Examples
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