DEDUCTIBLE
Dictionary entry overview: What does deductible mean?
• DEDUCTIBLE (noun)
The noun DEDUCTIBLE has 2 senses:
1. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
2. a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
Familiarity information: DEDUCTIBLE used as a noun is rare.
• DEDUCTIBLE (adjective)
The adjective DEDUCTIBLE has 1 sense:
1. acceptable as a deduction (especially as a tax deduction)
Familiarity information: DEDUCTIBLE used as an adjective is very rare.
Dictionary entry details
• DEDUCTIBLE (noun)
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)
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))
• DEDUCTIBLE (adjective)
Meaning:
Acceptable as a deduction (especially as a tax deduction)
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)
