Definition of "deductible" []

• That can be deducted, especially with respect to income taxes: deductible expenses. (adjective)
• Something, such as an expense, that can be deducted, as for income-tax purposes. (noun)
• A clause in an insurance policy that exempts the insurer from paying an initial specified amount in the event that the insured sustains a loss. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Since my health insurance deductible is $27,200 Pesos, the cost was totally out-of-Dawg´s-pocket."
• "These policies are renewable from as little as 5 days for up to 36 months, and vary in deductible from $0 to $2,500 USD."
• "If your deductible is that high you are basically paying for your doctor visits and insurance your not really using."