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- Dictionaryde·duct·i·ble/dəˈdəktəb(ə)l/
adjective
- 1. able to be deducted, especially from taxable income or tax to be paid: "child-care vouchers will be deductible expenses for employers"
noun
- 1. (in an insurance policy) a specified amount of money that the insured must pay before an insurance company will pay a claim: North American "a traditional insurance policy with a low deductible"
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