de·duct·ible
di-ˈdək-tə-bəl 
dē-
: allowable as a deduction
expenses that are deductible from taxable income
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
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
Medora Lee, USA TODAY, 29 Oct. 2024
There's an Annual Household Portion (AHP), similar to a deductible, that is the amount a household pays out-of-pocket before medical bills are eligible for sharing, Medi-Share's website said.
—Medora Lee, USA TODAY, 2 Nov. 2024
Aldo Svaldi, The Denver Post, 10 Nov. 2024
Out-of-pocket costs for medications will be capped at $2,000, but there could be increases in other parts of coverage like copayments and deductibles.
—Jill Schlesinger, The Mercury News, 4 Nov. 2024
See all Example Sentences for deductible 
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Adjective
Over-the-counter nicotine patches are not tax deductible.
—Medora Lee, USA TODAY, 29 Oct. 2024
There's an Annual Household Portion (AHP), similar to a deductible, that is the amount a household pays out-of-pocket before medical bills are eligible for sharing, Medi-Share's website said.
—Medora Lee, USA TODAY, 2 Nov. 2024
Noun
While not bulletproof, the roofs hold up better against hail, reducing the need to file claims and pay deductibles.
—Aldo Svaldi, The Denver Post, 10 Nov. 2024
Out-of-pocket costs for medications will be capped at $2,000, but there could be increases in other parts of coverage like copayments and deductibles.
—Jill Schlesinger, The Mercury News, 4 Nov. 2024
See all Example Sentences for deductible
Dictionary Entries Near deductible
Cite this Entry
“Deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deductible. Accessed 22 Nov. 2024.
Copy CitationLegal Definition
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
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