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Deductible

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Definitions:

Noun

deductible

Definition: (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)

deductible

Definition: a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount

Definition: An amount of expenses that must be paid out of pocket before an insurer will pay further expenses.

Adjective

deductible

Definition: acceptable as a deduction (especially as a tax deduction)

Definition: Eligible to be deducted.

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