(redirected from deductible amount)
Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia.


That can be deducted, especially with respect to income taxes: deductible expenses.
1. Something, such as an expense, that can be deducted, as for income-tax purposes.
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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.


1. (Mathematics) capable of being deducted
2. (Accounting & Book-keeping) US and Canadian short for tax-deductible
(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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014


(dɪˈdʌk tə bəl)

1. capable of being deducted.
2. allowable as a tax deduction.
3. the amount for which the insured is liable on each claim made on an insurance policy.
de•duct`i•bil′i•ty, n.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.


[dɪˈdʌktəbl] ADJdeducible, descontable; (for tax purposes) → desgravable, deducible
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005


adjabziehbar; (= tax deductible)absetzbar
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007


[dɪˈdʌktəbl] adjdeducibile
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995


a. deducible.
English-Spanish Medical Dictionary © Farlex 2012


n (insurance) deducible m, franquicia (esp. Esp); to reach your deductible..alcanzar el deducible (la franquicia)
English-Spanish/Spanish-English Medical Dictionary Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.
References in periodicals archive ?
After conducting the review, the taxpayer may be able to increase proportionately the deductible amount of expenses in the population.
162(k) as incurred in connection with a stock reacquisition; it explained that, although the phrase "in connection with" has a broad meaning, legislative history indicates that it is not intended to deny a deduction for an otherwise deductible amount simply because the payment is proximate in time to or arises out of the same circumstances as a redemption.
In addition to the above requirements, section 274(n)(1) limits the tax deductible amount of any food, beverage, or entertainment outlay--including the costs of a facility used in connection with such activity-to 50% of the amount section 162 otherwise allows as an ordinary and necessary business expense.
Absent sufficient future taxable income or the existence of viable tax-planning strategies, a valuation allowance may be required for the tax effect of the remaining $25,000 deductible amount. As previously mentioned, even companies with a history of operating losses may be able to recognize deferred tax assets if they can overcome the negative evidence with positive evidence.
Expense Taxpayer A: ordinary medical expenses AGI $33,000 Itemized deductions: Medical $7,000 Less: 7.5% of AGI ($2,475) Deductible amount $ 4,525 Taxable Income $28,475 Taxpayer B: capital expenditures AGI $33,000 Itemized deductions: Medical $7,000 Stair lift $3,500 Less: 7.5% of AGI ($2,475) Deductible amount $ 8,025 Taxable Income $24,975
Each year, the deductible amount is increased to take into account rising medical costs; for 1999, the maximum deductible amount is $6,000.
* A strong earnings history exclusive of the loss that created the future deductible amount (tax loss carryforward or deductible temporary difference) coupled with evidence indicating the loss (an unusual, infrequent or extraordinary item) is an aberration rather than a continuing condition.