deductible
pronunciation
How to pronounce deductible in British English:
UK [dɪˈdʌktəbl]
How to pronounce deductible in American English:
US [dɪˈdʌktəbl]
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- Noun:
- (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
- a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
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- Adjective:
- acceptable as a deduction (especially as a tax deduction)
Word Origin
- deductible (adj.)
- 1610s, "that may be deduced," also "that may be deducted;" from Latin deducere (see deduce) + -ible. As a noun, "deductible thing," by 1927.
Example
- 1. But why do you have a $ 500 deductible on your policy ?
- 2. If it 's rarely , you might consider raising your deductible to reduce your payment .
- 3. To the extent that he has investment income , any interest paid on such loans would be deductible .
- 4. The plan has a big deductible to help reduce our overhead , since our experiences with health-care providers abroad have been very positive .
- 5. The proposed tax applies to all operating earnings on australian projects , deductible against company tax with concessions on capex , exploration and development .