deductibility

deductibility
Ⅰ.
deductible UK US (Australian also deductable) /dɪˈdʌktɪbl̩/ US  /-ṱə-/ adjective
► relating to an amount or part that can be taken away from a total: »

However, the supplementary benefit that he was receiving was deductible from the figure awarded as damages.

► TAX relating to particular costs that can be taken away from the amount of money that you have earned, before you have to pay tax on it: »

Expenditure by private persons on education and training is rarely deductible for income-tax purposes.

 »

deductible expenses

→ See also TAX-DEDUCTIBLE(Cf. ↑tax-deductible)
deductibility noun [U]
► »

The first provision in the bill calls for immediate and full deductibility of health-insurance premiums for the self-employed.

Ⅱ.
deductible UK US US (Australian also deductable) /dɪˈdʌktɪbl̩/ US  /-ṱə-/ noun [C]
► an amount of money that is taken away from the money paid to an employee before it is given to them: »

The increase in the deductible could eat away a worker's entire pay increase for the year.

► (UK excess) INSURANCE a part of the cost of an accident, loss, injury, etc. that you agree to pay yourself when you buy insurance: »

The company's insurance covers the cost of accidents, minus a $500 deductible, for members of all ages.


Financial and business terms. 2012.

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Look at other dictionaries:

  • deductibility — noun The ability to be deducted, such as from ones taxes There is no doubt about the deductibility of these expenses …   Wiktionary

  • deductibility — deductible ► ADJECTIVE ▪ able to be deducted, especially from taxable income. DERIVATIVES deductibility noun …   English terms dictionary

  • deductibility — noun see deductible I …   New Collegiate Dictionary

  • deductibility — See deductible. * * * …   Universalium

  • deductibility — n. capability of being deducted, capability of being subtracted or taken off …   English contemporary dictionary

  • deductibility — de·duct·ibil·i·ty …   English syllables

  • deductibility — də̇ˌdəktəˈbiləd.ē, (ˌ)dē , ətē, i noun ( es) : the state or quality of being deductible * * * deductibilˈity noun • • • Main Entry: ↑deduce …   Useful english dictionary

  • deductible — deductibility, n. /di duk teuh beuhl/, adj. 1. capable of being deducted. 2. allowable as a tax deduction: Charitable contributions are deductible expenses. n. 3. the amount for which the insured is liable on each loss, injury, etc., before an… …   Universalium

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