de·duct·ible
di-ˈdək-tə-bəl
dē-
: allowable as a deduction
expenses that are deductible from taxable income
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
Cite this Entry
“Deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deductible. Accessed 17 Aug. 2026.
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