deductible Definition and Meaning in English (deductible definition)

adjective
Synonyms:tax-deductibleallowableexemptible
Quick Answer • Definition

Deductible definition: Describing an expense or amount that can be subtracted from one's gross income or a total sum, typically for tax purposes or to reduce a payment.

Definitions of Deductible

  1. 1adjective

    Describing an expense or amount that can be subtracted from one's gross income or a total sum, typically for tax purposes or to reduce a payment.

  2. 2noun(formal)

    A specified amount of money that an insured person must pay out of their own pocket before their insurance company will begin to cover the remaining costs of a claim.

Example Sentences

formal

“Many medical expenses are deductible from your taxable income.”

business

“You need to pay the first $500 deductible before your car insurance covers the repairs.”

Synonyms

tax-deductibleallowableexemptible

Antonyms

non-deductiblenon-exempt

Inflected Word Forms

infinitivededuct
past participlededucted
noundeduction
adjectivenon-deductible

Frequently Asked Questions: Deductible in English

What is the meaning of Deductible in English?▼
Deductible definition: Describing an expense or amount that can be subtracted from one's gross income or a total sum, typically for tax purposes or to reduce a payment.
How do you translate 'Deductible' to English?▼
'Deductible' translates to 'deductible' in English. Deductible definition: Describing an expense or amount that can be subtracted from one's gross income or a total sum, typically for tax purposes or to reduce a payment.
How do you pronounce 'Deductible' and 'deductible'?▼
Listen to clear English audio pronunciation of 'Deductible' and native English audio speech for 'deductible' with bilingual sentence examples on DictBridge.

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