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more about deductible

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deductible


  2  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Deductible  \De*duct"i*ble\,  a. 
  1.  Capable  of  being  deducted,  taken  away  or  withdrawn. 
 
  Not  one  found  honestly  deductible  From  any  use  that 
  pleased  him  --Mrs. 
  Browning. 
 
  2.  Deducible;  consequential. 
 
  From  WordNet  r  1.6  [wn]: 
 
  deductible 
  adj  :  acceptable  as  a  deduction  (especially  as  a  tax  deduction) 
  [ant:  {nondeductible}] 
  n  1:  an  amount  that  can  be  deducted  (especially  for  the  purposes 
  of  calculating  income  tax) 
  2:  a  clause  in  an  insurance  policy  that  relieves  the  insurer  of 
  responsibility  to  pay  the  initial  loss  up  to  a  stated 
  amount 




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