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Deductible   /dɪdˈəktəbəl/   Listen
Deductible

noun
1.
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax).
2.
A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Deductible" :   tax, amount, revenue enhancement, deduct, amount of money, sum of money, article, allowable, nondeductible, sum, taxation, clause



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