deductible
Definition 1
An item or expense subtracted from adjusted gross income to reduce the amount of income subject to tax. Examples include mortgage interest, state and local taxes, unreimbursed business expenses, and charitable contributions. also called tax-deductible.
Definition 2
The amount of a loss that an insurance policy holder has to pay out-of-pocket before reimbursement begins in accordance with the coinsurance rate.
An item or expense subtracted from adjusted gross income to reduce the amount of income subject to tax. Examples include mortgage interest, state and local taxes, unreimbursed business expenses, and charitable contributions. also called tax-deductible.
Definition 2
The amount of a loss that an insurance policy holder has to pay out-of-pocket before reimbursement begins in accordance with the coinsurance rate.
Related Terms
Related Terms on BusinessDictionary
all causes deductible
discount point
employee profit sharing plan (EPSP)
hard dollar [or any other currency]
tax deductible interest
interest tax shield
non profit organization (NPO)
per cause deductible
personal interest
primary insurance
self-insured retention (SIR)
soft dollar [or any other currency]
accountable plan
free of particular average (FPA)
collision deductible
implied cost
discount point
employee profit sharing plan (EPSP)
hard dollar [or any other currency]
tax deductible interest
interest tax shield
non profit organization (NPO)
per cause deductible
personal interest
primary insurance
self-insured retention (SIR)
soft dollar [or any other currency]
accountable plan
free of particular average (FPA)
collision deductible
implied cost
Popular 'Insurance' Terms
Related Personal Finance Articles
Loading...
deductible in the news
Loading...
Enter your email address to get our free Term of the Day newsletter!
Nearby Terms
Search volume for deductible
deductible is mentioned in these Investment Tips
Get our content on your iGoogle page
RSS