deductible

1. 1

   Eligible to be deducted.

   • (Normally forgiven debt is taxable and only business expenses paid for with company income are deductible.)

ant. nondeductible

1. 1

   An amount of expenses that must be paid out of pocket before an insurer will pay further expenses.US

   • In a tweet, [Donald Trump] said that the deductibles are in many cases way over $7,000, which makes the coverage worthless or unusable. […] Family bronze plans have an average deductible of just under $12,200 and an average out-of-pocket ma