deductible

deductible
That which may be taken away or subtracted. In taxation, an item which may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes, etc.).
See also deduction
The portion of an insured loss to be borne by the insured before he is entitled to recovery from the insurer.

Black's law dictionary. . 1990.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • deductible — de·duc·ti·ble 1 /di dək tə bəl/ adj: allowable as a deduction de·duc·ti·bil·i·ty / ˌdək tə bi lə tē/ n deductible 2 n: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured… …   Law dictionary

  • déductible — [ dedyktibl ] adj. • 1931; du lat. deductum → déduire ♦ Fin. Qu on peut déduire (d un revenu, d un bénéfice). Charges déductibles du revenu. ● déductible adjectif (latin deductum, de deducere, déduire) Qui peut être déduit : Frais professionnels… …   Encyclopédie Universelle

  • Deductible — De*duct i*ble, a. 1. Capable of being deducted, taken away, or withdrawn. [1913 Webster] Not one found honestly deductible From any use that pleased him. Mrs. Browning. [1913 Webster] 2. Deducible; consequential. [1913 Webster] …   The Collaborative International Dictionary of English

  • deductible — deductible. (Del ingl. deductible). adj. deducible …   Enciclopedia Universal

  • deductible — 1610s, that may be deduced, also that may be deducted; from L. deducere (see DEDUCE (Cf. deduce)). As a noun, deductible thing, by 1927 …   Etymology dictionary

  • deductible — (Del ingl. deductible). adj. deducible …   Diccionario de la lengua española

  • deductible — [dē dukt′ə bəl, di dukt′ə bəl] adj. 1. that can be deducted 2. that is allowed as a deduction in computing income tax [deductible expenses] n. 1. a clause in an insurance policy stating that the insurer will pay that portion of a loss, damage,… …   English World dictionary

  • deductible — ► ADJECTIVE ▪ able to be deducted, especially from taxable income. DERIVATIVES deductibility noun …   English terms dictionary

  • Deductible — In an insurance policy, the deductible is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses.[1] It is normally quoted as a fixed quantity and is a part of most policies covering losses to the policy… …   Wikipedia

  • deductible — An amount or period which must be deducted before an insurance payout or settlement is calculated. Bloomberg Financial Dictionary * * * ▪ I. deductible de‧duct‧i‧ble 1 [dɪˈdʌktbl] noun 1. [countable usually plural] ACCOUNTING a payment that is… …   Financial and business terms

  • Deductible — 1. The amount you have to pay out of pocket for expenses before the insurance company will cover the remaining costs. 2. An amount subtracted from an individual s adjusted gross income to reduce the amount of taxable income. Also known as tax… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”