deductible

1 of 2

adjective

de·​duct·​ible di-ˈdək-tə-bəl How to pronounce deductible (audio)
dē-
: allowable as a deduction
expenses that are deductible from taxable income
deductibility noun

deductible

2 of 2

noun

plural deductibles
: the amount of financial loss specified in an insurance policy that the insurer will not be held responsible for and that the insurance holder must pay
The deductible on your insurance is the amount of money on an insurance claim you would pay before the insurance company pays. It's what you'll be paying out of pocket prior to the insurance coverage.Steve Fiorillo
also : a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against

Examples of deductible in a Sentence

Adjective The trip was deductible as a business expense. Noun I have an insurance policy with a $1,000 deductible.
Recent Examples on the Web
Adjective
In 2025, the annual contribution limitation for an individual with self-only coverage under a high deductible health plan (HDHP) will be $4,300 ($8,550 for a family). Kelly Phillips Erb, Forbes, 22 Oct. 2024 Coverage begins after patients pay a deductible, which will be no more than $590 next year. Susan Jaffe, CBS News, 21 Oct. 2024
Noun
Some plans offer a smaller or no deductible, or exclude certain drugs, usually inexpensive generics, from the deductible. Susan Jaffe, CBS News, 21 Oct. 2024 Finally, the Notice states that the safe harbor for the absence of a deductible for certain insulin products applies without regard to whether prescribed to treat diabetes or the development of a secondary condition. Kelly Phillips Erb, Forbes, 19 Oct. 2024 See all Example Sentences for deductible 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'deductible.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

Adjective

1856, in the meaning defined above

Noun

1922, in the meaning defined above

Time Traveler
The first known use of deductible was in 1856

Dictionary Entries Near deductible

Cite this Entry

“Deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deductible. Accessed 31 Oct. 2024.

Legal Definition

deductible

1 of 2 adjective
de·​duc·​ti·​ble di-ˈdək-tə-bəl How to pronounce deductible (audio)
: allowable as a deduction
deductibility noun

deductible

2 of 2 noun
: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against
also : the amount specified in such a clause compare franchise sense 4a

More from Merriam-Webster on deductible

Last Updated: - Updated example sentences
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