Legal Definition and Related Resources of Deductible

That which may be subtracted, particularly from income for tax purposes.

Cost-sharing arrangement between an insured person and health insurance company in which the insured person will be required to pay a fixed dollar amount of covered expenses each year before the health insurance company will reimburse for covered health care expenses. Generally, an insured person is responsible for a deductible each calendar year.

(Capable of being deducted from taxes), adjective

• able to be subducted
• able to be subtracted for taxable to be subducted
• able to be subtracted for tax

(Provable), adjective

• able to be confirmed
• able to be shown
• ascertainable
• based on evidence
• based on proof
• capable of being figured out
• capable of being proved
• conclusible
• corroborative
• deducible
• demonstrable
• derivable
• documentable
• expectable
• following
• illative
• inferable
• inferential
• likely
• presumed
• presumptive
• probable
• ratiocinative
• substantiate
• supportable
• sustainable
• testable
• traceable
• valid
• verifiable

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Deductible in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Deductible in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Deductible in the Legal Abbreviations and Acronyms Dictionary.

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