Want to say deductible differently? Here are other words for deductible and its similar synonyms and opposite words to say in unique way.
Meaning of deductible
The primary meaning of "deductible" refers to an amount that can be subtracted from something, especially from taxable income or an insurance claim.
Etymology of deductible
The word "deductible" originates from the Latin words "deducere," meaning "to lead away" and the suffix "-ible," which forms an adjective indicating capability or suitability.
Historically, the term has been used in various contexts, including law, finance, and insurance, to describe amounts that can be subtracted or deducted from a total.
Synonyms
exempt
allowable
deductible
allocable
attributive
imputable
ascribable
chargeable
reckoned
counted
credited
debited
discountable
reducible
subtractable
tax-deductible
allowable expense
deductible expense
discount
reduction
exemption
exception
exclusion
write-off
adjustment
modification
limitation
restriction
cap
ceiling
threshold
limit
Definitions
- A payment or amount that can be subtracted from someone's taxable income, especially in order to reduce the amount of tax they have to pay.
- * An amount that a policyholder must pay out of pocket before their insurance coverage kicks in.
Usage Examples
- The company offers a health insurance plan with a high deductible, which means employees have to pay a significant amount out of pocket before coverage kicks in.
- * Charitable donations are tax-deductible, so you can claim them as an expense on your tax return.
Antonyms
taxable
non-exempt
ineligible
disallowed
non-deductible
unrecoverable
uncompensated
unrefundable
non-refundable
mandatory
required
compulsory
obligatory
added
extra
supplemental
additional
excess
surplus
overage