Library / English Dictionary

DEDUCTIBLE

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("deductible" is a kind of...):

article; clause (a separate section of a legal document (as a statute or contract or will))

Derivation:

deductible (acceptable as a deduction (especially as a tax deduction))

Sense 2

Meaning:

(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("deductible" is a kind of...):

amount; amount of money; sum; sum of money (a quantity of money)

Domain category:

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)

Derivation:

deductible (acceptable as a deduction (especially as a tax deduction))

 II. (adjective) 

Sense 1

Meaning:

Acceptable as a deduction (especially as a tax deduction)

Classified under:

Adjectives

Similar:

allowable (deductible according to the tax laws)

Domain category:

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)

Antonym:

nondeductible (not allowable as a deduction)

Derivation:

deduct (retain and refrain from disbursing; of payments)

deductible (a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount)

deductible ((taxes) an amount that can be deducted (especially for the purposes of calculating income tax))

Credits