deductible (redirected from deductible clause)

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.

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de·ducti·bili·ty n.

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deductible

Adjective

1. capable of being deducted

2. US tax-deductible

Thesaurus

Noun	1.	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