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deductible
(redirected from deductibility)

   Also found in: Medical, Legal, Financial, Wikipedia 0.01 sec.
de·duct·i·ble  (d-dkt-bl)
adj.
That can be deducted, especially with respect to income taxes: deductible expenses.
n.
1. Something, such as an expense, that can be deducted, as for income-tax purposes.
2. A clause in an insurance policy that exempts the insurer from paying an initial specified amount in the event that the insured sustains a loss.

de·ducti·bili·ty n.

deductible [dɪˈdʌktɪbəl]
adj
1. (Mathematics) capable of being deducted
2. (Economics, Accounting & Finance / Accounting & Book-keeping) US and Canadian short for tax-deductible
n
(Business / Insurance) Insurance the US and Canadian name for excess [6]
deductibility  n
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.deductible - (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
amount, amount of money, sum, sum of money - a quantity of money; "he borrowed a large sum"; "the amount he had in cash was insufficient"
2.deductible - a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
clause, article - a separate section of a legal document (as a statute or contract or will)
Adj.1.deductible - acceptable as a deduction (especially as a tax deduction)
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
nondeductible - not allowable as a deduction
Translations
deductible [dɪˈdʌktəbl] ADJdeducible, descontable; (for tax purposes) → desgravable, deducible
deductible
adjabziehbar; (= tax deductible)absetzbar
deductible [dɪˈdʌktəbl] adjdeducibile
deductible [dɪˈdʌktəbl] adjdeducibile


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? Mentioned in ? References in periodicals archive
 
Previous Tax Clinic items have addressed the deductibility and potentially tax-favored funding mechanisms of tuition and fees as medical expenses for special-needs children (see Goldsberry, Tenney and Luke, "Deductibility of Tuition and Related Fees as Medical Expenses," TTA, November 2002, pp.
House on Friday, July 29, 2006, increases the maximum deductibility limit and allows the plans' fiscal health to move forward.
Abandon or substantially narrow the Reasonable Expectation of Profit (REOP) test included in draft legislation clarifying the deductibility of interest and other expenses.
 
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