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Meaning of word deductible from English dictionary with examples, synonyms and antonyms.

deductible   noun

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

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

deductible   adjective

Meaning : Acceptable as a deduction (especially as a tax deduction).

Not allowable as a deduction.

nondeductible