deductible definition, meaning - what is deductible in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “deductible”

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deductible

adjective uk   us   /dɪˈdʌk.tɪ.bl̩/
A deductible amount can be taken away from a total: Expenses like office phone bills are tax-deductible (= you do not have to pay tax on them).

deductible

noun [C usually plural] uk   us   /dɪˈdʌk.tɪ.bl̩/
UK an amount of money that is taken away from an employee's pay before they receive it US (UK excess) a part of the cost of an accident, injury, etc. that you agree to pay yourself when you buy insurance: Customers can lower insurance premiums by taking higher deductibles.
Translations of “deductible”
in Chinese (Traditional) 減,減去的, 扣除的…
in Chinese (Simplified) 减,减去的, 扣除的…
(Definition of deductible from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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