deductible noun Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "deductible" - Business English Dictionary

deductible

noun [C] US ( Australian also deductable)
 
 
/dɪˈdʌktɪbl̩/ US   /-ṱə-/
an amount of money that is taken away from the money paid to an employee before it is given to them: The increase in the deductible could eat away a worker's entire pay increase for the year.
( UK excess) INSURANCE a part of the cost of an accident, loss, injury, etc. that you agree to pay yourself when you buy insurance: The company's insurance covers the cost of accidents, minus a $500 deductible, for members of all ages.
(Definition of deductible noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of deductible?
Add Cambridge dictionaries to your browser to your website

Definitions of “deductible” in other dictionaries

Word of the Day
social security

a system of payments made by the government to people who are ill, poor, or who have no job

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More