Definitions of deductible:
  • noun:   a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
  • noun:   (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
  • adjective:   acceptable as a deduction (especially as a tax deduction)

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See deductible used in context: 5 rhymes, several books and articles.

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