Word
deductible
Phoneticsde·ductible
US/dɪˈdəktəbəɫ/
UK/dɪdˈʌktəbəl/
Definitions
01insurance payment
B2 · Upper Intermediate Countable noun American English
n. the specific amount of money you must pay for a loss or medical bill before your insurance company starts to pay.
n. the fixed amount of expenses that a policyholder must pay out of pocket before an insurer assumes liability for further costs.
“I had to pay a five-hundred-dollar deductible before the insurance covered my car repairs.”
“Choosing a higher deductible can significantly lower your monthly premium, though it increases your financial risk in the event of a major claim.”
Usage
In British English, this is usually called an 'excess'.
Synonyms
02able to be subtracted
B2 · Upper Intermediate Law Technical
adj. describes an amount of money, like a business cost, that you can subtract from your total income so you pay less tax.
adj. allowable as a deduction from gross income when calculating taxable income or other financial totals.
“The money you spend on office supplies is usually tax deductible for your business.”
“The accountant confirmed that the charitable donations were fully deductible under the current tax code, reducing the firm's overall liability.”
Usage
Often follows the word 'tax' as in 'tax-deductible'.
Synonyms
Antonyms
Real-World Examples
“Before Brexit I paid 19 percent with expenses deductible, now I pay 24 percent with no expenses deductible,” a reader explained about differences in the IRNR tax.” Etymology
From deduct + -ible.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.
Word family
VERB
NOUN
- Exam level
- CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.B2 FirstIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.5.5–6.5TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 4.0–4.572–94TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.785–944
- Frequency
- Frequent
- Level
- B2 · Upper Intermediate
- Updated
- アルファベット
- 読み方の一覧 →
QR code
englishreference.com/q/deductible