deductible

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Related to deductibility: ductile

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 ?
The increases in deductibility limits from 2014 to 2015, respectively, are $370 to $380 for taxpayers 40 or younger; $700 to $710 between ages 40 and 50; $1,400 to $1,430 between ages 50 and 60; $3,720 to $3,800 between ages 60 and 70; and $4,660 to $4,750 for anyone over 70.
The consumer should consult a tax adviser for further information regarding deductibility issues.
The Legislative Revenue Office estimates that eliminating the cap on deductibility would reduce general-fund revenues by $1.
Provisional VAT deductibility in the UKThe Council authorised London to continue applying a VAT deductibility scheme (up to 50%) for the hiring of motor vehicles whose use is not only reserved for companies.
The proposed ruling would provide clarifying guidance regarding the deductibility of health insurance premiums covering S corporation shareholders.
67(a) and not to limit the deductibility of any other trust administrative costs.
Abandon altogether or substantially narrow the Reasonable Expectation of Profit (REOP) test included in draft legislation clarifying the deductibility of interest and other expenses.
House on Friday, July 29, 2006, increases the maximum deductibility limit and allows the plans' fiscal health to move forward.
He also serves on the board of the Wetlands America Trust, the non-profit arm of Ducks Unlimited, where he's now involved in a lobbying dispute with Congress over the deductibility of easements granted to the trust for wetlands.
Although there is no revenue ruling concerning the deductibility of laser eye surgery, the IRS did issue a letter ruling (9625049) addressing whether radial keratotomy (RK)--a predecessor of laser eye surgery--was deductible under section 213.
TELECOMWORLDWIRE-6 October 2004-Two Finnish IT lobby groups suggest tax deductibility on Internet connections - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.
NORDIC BUSINESS REPORT-6 October 2004-Two Finnish IT lobby groups suggest tax deductibility on Internet connections - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.