deductible

deductible
That can be deducted
2. noun
a clause in an insurance policy that deducts a defined amount from the sum paid out by the insurer

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  • deductible — de·duc·ti·ble 1 /di dək tə bəl/ adj: allowable as a deduction de·duc·ti·bil·i·ty / ˌdək tə bi lə tē/ n deductible 2 n: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured… …   Law dictionary

  • déductible — [ dedyktibl ] adj. • 1931; du lat. deductum → déduire ♦ Fin. Qu on peut déduire (d un revenu, d un bénéfice). Charges déductibles du revenu. ● déductible adjectif (latin deductum, de deducere, déduire) Qui peut être déduit : Frais professionnels… …   Encyclopédie Universelle

  • Deductible — De*duct i*ble, a. 1. Capable of being deducted, taken away, or withdrawn. [1913 Webster] Not one found honestly deductible From any use that pleased him. Mrs. Browning. [1913 Webster] 2. Deducible; consequential. [1913 Webster] …   The Collaborative International Dictionary of English

  • deductible — deductible. (Del ingl. deductible). adj. deducible …   Enciclopedia Universal

  • deductible — 1610s, that may be deduced, also that may be deducted; from L. deducere (see DEDUCE (Cf. deduce)). As a noun, deductible thing, by 1927 …   Etymology dictionary

  • deductible — (Del ingl. deductible). adj. deducible …   Diccionario de la lengua española

  • deductible — [dē dukt′ə bəl, di dukt′ə bəl] adj. 1. that can be deducted 2. that is allowed as a deduction in computing income tax [deductible expenses] n. 1. a clause in an insurance policy stating that the insurer will pay that portion of a loss, damage,… …   English World dictionary

  • deductible — ► ADJECTIVE ▪ able to be deducted, especially from taxable income. DERIVATIVES deductibility noun …   English terms dictionary

  • Deductible — In an insurance policy, the deductible is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses.[1] It is normally quoted as a fixed quantity and is a part of most policies covering losses to the policy… …   Wikipedia

  • deductible — An amount or period which must be deducted before an insurance payout or settlement is calculated. Bloomberg Financial Dictionary * * * ▪ I. deductible de‧duct‧i‧ble 1 [dɪˈdʌktbl] noun 1. [countable usually plural] ACCOUNTING a payment that is… …   Financial and business terms

  • Deductible — 1. The amount you have to pay out of pocket for expenses before the insurance company will cover the remaining costs. 2. An amount subtracted from an individual s adjusted gross income to reduce the amount of taxable income. Also known as tax… …   Investment dictionary

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