deductible Definition in the Cambridge English Dictionary Cambridge dictionaries logo

Definition of “deductible” - English Dictionary

"deductible" in American English

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deductiblenoun [C]

 us   /dɪˈdʌk·tə·bəl/
an ​amount of ​money that you are ​responsible for ​paying before ​yourinsurance (= ​protection against ​loss) will ​pay you for an ​expense: Judy’s ​carinsurancepolicy had a $500 deductible.

deductibleadjective [not gradable]

 us   /dɪˈdʌk·tə·bəl/
A deductible ​expense is a ​cost that you can ​subtract from the ​earnings on which you have to ​payincometax: Mortgage ​interest is deductible.
(Definition of deductible from the Cambridge Academic Content Dictionary © Cambridge University Press)







"deductible" in British English

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deductibleadjective

uk   us   /dɪˈdʌk.tɪ.bl̩/

deductiblenoun [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 ​lowerinsurancepremiums by taking ​higher deductibles.
(Definition of deductible from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"deductible" in Business English

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deductibleadjective

(Australian also deductable) uk   /dɪˈdʌktɪbl̩/  us   /-ṱə-/
relating to an ​amount or ​part that can be taken away from a ​total: However, the ​supplementarybenefit that he was receiving was deductible from the ​figureawarded as ​damages.
TAX relating to particular ​costs that can be taken away from the ​amount of ​money that you have ​earned, before you have to ​paytax on it: Expenditure by ​private persons on ​education and ​training is rarely deductible for income-tax ​purposes. deductible ​expenses
deductibility
noun [U]
The first ​provision in the ​billcalls for immediate and ​full deductibility of health-insurance ​premiums for the ​self-employed.

deductiblenoun [C]

US (Australian also deductable) uk   /dɪˈdʌktɪbl̩/  us   /-ṱə-/
an ​amount of ​money that is taken away from the ​moneypaid to an ​employee before it is given to them: The ​increase in the deductible could eat away a worker's entire ​payincrease 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 ​buyinsurance: The company's ​insurancecovers the ​cost of accidents, ​minus a $500 deductible, for ​members of all ages.
(Definition of deductible from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “deductible”
in Chinese (Simplified) 减,减去的, 扣除的…
in Chinese (Traditional) 減,減去的, 扣除的…
What is the pronunciation of deductible?
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