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Definition of 'deductible'

You searched for deductibles

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

Adjective

  1. acceptable as a deduction (especially as a tax deduction)
       Antonyms: nondeductible


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