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 ?
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.
The new coverage option allows customers who have selected it to have their collision deductible reduced by $100 each year.
The Hartford will slice $150 off the collision deductible after five years without crashes or violations.
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.
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 .
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.
However, annual contributions cannot exceed the deductible corresponding to your HSA.
Families must have an annual deductible of at least $2,000 (a deductible or deductible between $2,000 and $5,000 works well for individuals and families).
The organization surveyed 4,000 adults with insurance and found 49% of those with high-deductible plans have problems with medical bills or debts, compared with 31% of those who have health plans with lower deductibles.
The corporation receives a dividend-received deduction of 100 percent of the deductible dividend percentage computed in accordance with Sec.
If the relative precision of the M&E statistical sample is 10 percent or smaller, based on the estimate of the amount of the expenses that are 100-percent deductible but were erroneously classified as subject to the 50-percent limitation, the revenue procedure allows the use of the point estimate rather than the lower limit.