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deductible

adjective
 
 
/dɪˈdʌk.tɪ.bl̩/ US  /-t̬ə-/

Definition

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).Taxation
(Definition of deductible adjective from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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