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deductible

[dih-duhk-tuh-buh l] /dɪˈdʌk tə bəl/
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
1855-1860
1855-60; deduct + -ible
Related forms
deductibility, noun
nondeductibility, noun
nondeductible, adjective, noun
undeductible, adjective
Can be confused
deducible, deductible.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for non-deductible

deductible

/dɪˈdʌktɪbəl/
adjective
1.
capable of being deducted
2.
(US & Canadian) short for tax-deductible
noun
3.
(insurance, US & Canadian) a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder Also called (in Britain and certain other countries) excess
Derived Forms
deductibility, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for non-deductible

deductible

adj.

1610s, "that may be deduced," also "that may be deducted;" from Latin deducere (see deduce) + -ible. As a noun, "deductible thing," by 1927.

Online Etymology Dictionary, © 2010 Douglas Harper
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