deductible

1 of 2

adjective

de·​duct·​ible di-ˈdək-tə-bəl How to pronounce deductible (audio)
dē-
: allowable as a deduction
expenses that are deductible from taxable income
deductibility noun

deductible

2 of 2

noun

plural deductibles
: the amount of financial loss specified in an insurance policy that the insurer will not be held responsible for and that the insurance holder must pay
The deductible on your insurance is the amount of money on an insurance claim you would pay before the insurance company pays. It's what you'll be paying out of pocket prior to the insurance coverage.Steve Fiorillo
also : a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against

Examples of deductible in a Sentence

Adjective The trip was deductible as a business expense. Noun I have an insurance policy with a $1,000 deductible.
Recent Examples on the Web
Adjective
The damage could be below the policy deductible or not be covered by the policy, such as situations in which flooding caused the damage. Lawrence Mower, Miami Herald, 27 June 2024 Raise the policy deductible, or ask if an insurance agent can help identify discounts. Bailey Schulz, USA TODAY, 23 June 2024
Noun
Pet insurance, like coverage for humans, usually has deductibles and coverage limits. Mike Snider, USA TODAY, 18 June 2024 Unauthorized changes can cause affected policyholders to lose access to medical care, pay higher deductibles, or even incur surprise tax bills. Julie Appleby, NPR, 7 May 2024 See all Example Sentences for deductible 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'deductible.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

Adjective

1856, in the meaning defined above

Noun

1922, in the meaning defined above

Time Traveler
The first known use of deductible was in 1856

Dictionary Entries Near deductible

Cite this Entry

“Deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deductible. Accessed 7 Jul. 2024.

Legal Definition

deductible

1 of 2 adjective
de·​duc·​ti·​ble di-ˈdək-tə-bəl How to pronounce deductible (audio)
: allowable as a deduction
deductibility noun

deductible

2 of 2 noun
: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against
also : the amount specified in such a clause compare franchise sense 4a

More from Merriam-Webster on deductible

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