deductible

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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 ?
Alliance's sole financial responsibility with respect to the settlement will be to pay costs and expenses up to the policy deductible amount of $250,000, of which it has already paid $137,761 in the form of legal fees.
Answer: The deductibles section of the policy refers to the monetary deductible amount that the insured agrees to pay in the event of a covered loss.
If you decide to deduct state and local income tax payments rather than sales tax, you might choose to accelerate estimated state and local income tax payments due in early 2017 to late 2016, increasing the deductible amount for this year.
For 2015, this means that the plan must have a deductible amount of $1,300 or more for self-only coverage or $2,600 for family coverage.
It should be done in such a manner that the deductible amount is at the lowest possible level in a month.
If an employee's account is empty, he is responsible for paying his deductible amount.
The deductible amount, the employee premium contribution, the out-of-pocket maximum, and whether there are other types of plans offered will also impact an employer's HSA contribution strategy, said Mark Sherman, principal of LHD Benefit Advisors, another UBA partner firm.
It cancelled the bond that linked the deductible amount to the amount of refurbishment work.
IRC section 67 limits the deductible amount of an individual taxpayer's miscellaneous itemized deductions to the extent that the aggregate amount exceeds 2% of AGI.
The announcement will be made in October for the 2015 Part D deductible amount.
Insurance policies written with deductibles provide that the insurer will pay the defense and indemnity costs in connection with a covered claim, and then charge or bill back the deductible amount to the insured.
Some policies do not contain such a provision, but simply state that the insurer will pay the part of the loss that exceeds the deductible amount.