Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “deductible”

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)
Focus on the pronunciation of deductible

Definitions of “deductible” in other dictionaries

Translations of “deductible”

Word of the Day

beneficiary

a person or group who receives money, advantages, etc. as a result of something else

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More