Hypertext Webster Gateway: "deductible"
From Webster's Revised Unabridged Dictionary (1913) (web1913)
Deductible \De*duct"i*ble\, a.
1. Capable of being deducted, taken away, or withdrawn.
Not one found honestly deductible From any use that
pleased him. --Mrs.
Browning.
2. Deducible; consequential.
From WordNet (r) 1.7 (wn)
deductible
adj : acceptable as a deduction (especially as a tax deduction)
[ant: {nondeductible}]
n 1: an amount that can be deducted (especially for the purposes
of calculating income tax)
2: a clause in an insurance policy that relieves the insurer of
responsibility to pay the initial loss up to a stated
amount
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