Associations to the word «Deductible»

Wiktionary

DEDUCTIBLE, adjective. That can be deducted
DEDUCTIBLE, noun. (US) (insurance) Amount of expenses that must be paid out of pocket before an insurer will pay any expenses.

Dictionary definition

DEDUCTIBLE, noun. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax).
DEDUCTIBLE, noun. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount.
DEDUCTIBLE, adjective. Acceptable as a deduction (especially as a tax deduction).

Wise words

Life has no meaning unless one lives it with a will, at least to the limit of one's will. Virtue, good, evil are nothing but words, unless one takes them apart in order to build something with them; they do not win their true meaning until one knows how to apply them.
Paul Gauguin