Definitions of "deductible"
  1. Regarded as eligible for removal from one's taxable income
  2. A provision in an insurance contract stating the amount to be covered by the policyholder before the insurer starts to pay
How to use "deductible" in a sentence
  1. He matched the deductible on his health insurance plan, and the insurance company began to cover his medical expenses.
  2. Charitable contributions are considered deductible for the purpose of tax calculation.
  3. The higher the deductible on an insurance policy, the lower the premiums generally are.

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