deductibleadjective
uk/dɪˈdʌk.tə.bəl/us/dɪˈdʌk.tə.bəl/A deductible amount can be taken away from a total:
Expenses like office phone bills are tax-deductible (= you do not have to pay tax on them).
Thesaurus: synonyms and related words
Taxation
- capital gains tax
- capitation
- chargeable
- corporation tax
- custom
- inheritance tax
- levy
- National Insurance
- octroi
- overtax
- rateable value
- tax avoidance
- tax break
- tax credit
- tax exile
- tax-deductible
- tax-exempt
- VATable
- welfare state
- withholding tax
See more results »
deductiblenoun [ C usually plural ]
uk/dɪˈdʌk.tə.bəl/us/dɪˈdʌk.tə.bəl/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 lower insurance premiums by taking higher deductibles.
Thesaurus: synonyms and related words
Insurance
- actuarial
- assessor
- assure
- bancassurance
- claim
- coverage
- endowment policy
- excess
- green card
- guarantee
- indemnify
- insurance
- insure
- insured
- life assurance
- no-claims bonus
- policy
- premium
- underwrite
- uninsured
See more results »