deductible

comparative more deductible · superlative most deductible

1. Eligible to be deducted.

   (Normally forgiven debt is taxable and only business expenses paid for with company income are deductible.)

   2021 February 23, Jeanne Sahadi, “So you got a PPP loan? Here’s what that means for your state taxes”, in CNN Business

plural deductibles

1. USbusinessAn amount of expenses that must be paid out of pocket before an insurer will pay further expenses.

   In a tweet, [Donald Trump] said that the deductibles are in many cases way over $7,000, which makes the coverage worthless or unusable. […] Family bronze plans have an average deductible of just under $12,200 and an average out-of-pocket maximum of nearly $14,000.

   2019 April 1, Tami Luhby, “Fact Check: Are Obamacare’s deductibles more than $7,000?”, in CNN

   Synonyms: excess