Meaning & use
deductible
The amount a policyholder must pay before an insurance company covers the remaining cost.
See it in a sentence
Her car insurance has a five-hundred-dollar deductible for collision damage.
Choosing a higher deductible usually lowers your monthly insurance premium.
A note on using this word
In everyday use it is a noun for the payment threshold; as an adjective it describes expenses that can be subtracted from taxable income.
Words with a similar meaning
This term is best learned through its definition and examples.
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Another way to use it
2. adjective
Able to be subtracted from taxable income as an allowable expense.
Charitable donations are often tax-deductible if you itemize your return.
Make it your own
Write a sentence using “deductible”, then compare your use with the examples above.