Words / B2

di-DUKT-uh-bl/dɪˈdʌktəbl/

Deductible means able to be taken away from a total, especially for tax: tax-deductible; a deductible expense. Deduct is the verb; allowance is a UK tax twin; excess is the UK insurance twin for the US noun deductible. A tax-deductible cost still needs the £ and the year. Mix-up: deductible vs dedicated; deductable (misspelling); do not write deductible for a cost the source says is not allowed against tax.

Meaning

Able to be taken away from a total, especially for tax.

Examples

• “A tax-deductible cost still needs the £ and the year, the business paper said.”
• “An insurance deductible featured in the US case, which is the excess sense — still quote the £ or $.”

Good to know

tax-deductible; a deductible expense. Verb: deduct. UK insurance twin: excess. Trap: dedicated / a disallowed cost. Business and citizenship. Able to be subtracted — quote the £ and the rule.

Near in meaning

allowable, subtractable, excess (insurance)

New