Definitions for: Deductible

[n] a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
[n] an amount that can be deducted (especially for the purposes of calculating income tax)
[adj] acceptable as a deduction (especially as a tax deduction)

Webster (1913) Definition: De*duct"i*ble, a.
1. Capable of being deducted, taken away, or withdrawn.

Not one found honestly deductible From any use that
pleased him. --Mrs.
Browning.

2. Deducible; consequential.

Synonyms: allowable

Antonyms: nondeductible

See Also: amount, amount of money, article, clause, sum, sum of money

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