de·duct·i·ble

[dih-duhk-tuh-buhl]
adjective
1.
capable of being deducted.
2.
allowable as a tax deduction: Charitable contributions are deductible expenses.
noun
3.
the amount for which the insured is liable on each loss, injury, etc., before an insurance company will make payment: The deductible on our medical coverage has been raised from $50 to $100 per illness.

Origin:
1855–60; deduct + -ible

de·duct·i·bil·i·ty, noun
non·de·duct·i·bil·i·ty, noun
non·de·duct·i·ble, adjective, noun
un·de·duct·i·ble, adjective

deducible, deductible.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To deductible
00:10
Deductible is always a great word to know.
So is flibbertigibbet. Does it mean:
a chattering or flighty, light-headed person.
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
Collins
World English Dictionary
deductible (dɪˈdʌktɪbəl) [Click for IPA pronunciation guide]
 
adj
1.  capable of being deducted
2.  (US), (Canadian) short for tax-deductible
 
n
3.  (US), (Canadian) insurance Also called (in Britain and certain other countries): excess a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder
 
deducti'bility
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

deductible
1610s, "that may be deduced," also "that may be deducted;" from L. deducere (see deduce).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The agreed premium and deductible and so on must be re-keyed into each party's
  spreadsheets.
The deductible does not apply towards the annual out-of-pocket maximum.
Similarly, a mortgage on a second home is deductible.
Contributions to the fund are deductible on federal, state and city income
  taxes to the extent permitted by law.
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