Deductible Meaning

[dɪˈdʌktəbəɫ]
B2

Definition, CEFR level B2, pronunciation, examples, and quiz.

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adjEligible to be deducted.

nounAn amount of expenses that must be paid out of pocket before an insurer will pay further expenses.

You are covered with a $300 deductible.
All contributions are tax deductible.
The furnishing of his work room was tax deductible.
Synonyms:
Antonyms:
None
CEFR Practice Quiz
The insurance policy requires a $500 ____ before it pays any claims.
CEFR Practice Quiz (Alternate)
You are covered with a $300 ____.

Etymology tree English deduct Proto-Indo-European *-tḗr Proto-Indo-European *-dʰlom Proto-Indo-European *-dʰlis Proto-Italic *-ðlis Latin -bilis Latin -ibilis Old French -ibleder. Middle English -ible English -ible English deductible From deduct + -ible.

"(Normally forgiven debt is taxable and only business expenses paid for with company income are deductible.)" — 2021 February 23, Jeanne Sahadi, “So you got a PPP loan? Here’s what that means for your state taxes”, in CNN Business:
"In a tweet, [Donald Trump] said that the deductibles are in many cases way over $7,000, which makes the coverage worthless or unusable. […] Family bronze plans have an average deductible of just under $12,200 and an average out-of-pocket maximum of nearly $14,000." — 2019 April 1, Tami Luhby, “Fact Check: Are Obamacare’s deductibles more than $7,000?”, in CNN:

Explore More B2 Vocabulary Words

CEFR Practice Quiz
The insurance policy requires a $500 ____ before it pays any claims.
CEFR Practice Quiz (Alternate)
You are covered with a $300 ____.

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