deductible


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Related to deductible: Tax deductible

de·duct·i·ble

 (dĭ-dŭk′tə-bəl)
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. 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 or must pay for services otherwise covered under the policy.
b. The specified amount that must be paid by the holder of such a policy.

de·duct′i·bil′i·ty n.

deductible

(dɪˈdʌktɪbəl)
adj
1. (Mathematics) capable of being deducted
2. (Accounting & Book-keeping) US and Canadian short for tax-deductible
n
(Insurance) insurance US and Canadian a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder. Also called (in Britain and certain other countries): excess
deˌductiˈbility n

de•duct•i•ble

(dɪˈdʌk tə bəl)

adj.
1. capable of being deducted.
2. allowable as a tax deduction.
n.
3. the amount for which the insured is liable on each claim made on an insurance policy.
[1855–60]
de•duct`i•bil′i•ty, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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

de·duc·ti·ble

a. deducible.

deductible

n (insurance) deducible m, franquicia (esp. Esp); to reach your deductible..alcanzar el deducible (la franquicia)
References in periodicals archive ?
However, the agent is contesting application of the deductible stating only the 72-hour waiting period should apply as a deduction.
When patients were categorized by health status, the effects of high-deductible plans on use rates and costs of imaging studies were largest in the least-sick group, the group that was unlikely to reach the deductible without imaging use.
Chattanooga Times Free Press columnist Clint Cooper, citing a 2015 HealthPocket study, wrote on September 23, "The average deductible for a single person enrolled in the ACA's bronze plan--its cheapest--is $5,181, while the average deductible for a family in the same plan is $10,545.
A majority of silver plans pay for ordinary in-network sick care before an enrollee has met the deductible.
Specifically, Kaiser said, less than two-thirds (63 percent) of non-elderly households with incomes above the federal poverty level have sufficient liquid financial assets to cover a midrange annual deductible of $1,200 for an individual or $2,400 for a family.
Here's a brief outline of the hurricane deductible regulations that apply in those three states:
A trust's costs are fully deductible, rather than subject to the 2% floor, if they: (1) are "paid or incurred in connection with the administration of the .
Each coverage has its own deductible under form CP 00 10 06 95.
If the client itemizes deductions, paying down a loan with deductible interest provides a risk-free rate of return effectively equal to the loan's interest rate minus the marginal rate of tax savings forgone.
Yoder, 55, who belongs to the practice's CDHP, used none of his deductible the first year but had to dip into his HSA the second year to pay for a physical and a colonoscopy.
1) One of the issues related to the practical implementation of a voluntary deductible is whether the premium rebate should be community rated or risk rated.
However, annual contributions cannot exceed the deductible corresponding to your HSA.