1. An item or expense subtracted from adjusted gross income to reduce the amount of income subject to tax. Examples include mortgage interest, state and local taxes, unreimbursed business expenses, and charitable contributions. also called tax-deductible.
2. The amount of a loss that an insurance policy holder has to pay out-of-pocket before reimbursement begins in accordance with the coinsurance rate.
Related information about deductible:
- Deductible - Wikipedia, the free encyclopedia
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. In general usage, the ...
- Deductible Definition | Investopedia
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 ...
- TLC Family "How Deductibles and Co-pays Work"
Deductibles and co-pays are the two basic elements to any health care plan. Learn about the difference between health insurance deductibles and co-pays.
- What Is a Deductible?
Sep 26, 2012 ... A deductible is the amount of money a person has to pay before his insurance coverage begins. Practically speaking, a deductible...
- Deductible - Merriam-Webster Online
allowable as a deduction <expenses that are deductible from taxable income>. — de·duct·ibil·i·ty \-ˌdək-tə-ˈbi-lə-tē\ noun. See deductible defined for ...
- deductible - definition of deductible by the Free Online Dictionary ...
de·duct·i·ble (d -d k t -b l). adj. That can be deducted, especially with respect to income taxes: deductible expenses. n. 1. Something, such as an expense, that ...
- Deductible | Define Deductible at Dictionary.com
Deductible definition, capable of being deducted See more.
- Vanishing Deductible: Lower your deductible for safe driving ...
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