NOUN (2)

1. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax);

2. a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount;


ADJECTIVE (1)

1. acceptable as a deduction (especially as a tax deduction);

The Collaborative International Dictionary of English v.0.48:

Deductible \De*duct"i*ble\, a.
   1. Capable of being deducted, taken away, or withdrawn.
      [1913 Webster]

            Not one found honestly deductible
            From any use that pleased him.        --Mrs.
                                                  Browning.
      [1913 Webster]

   2. Deducible; consequential.
      [1913 Webster]

WordNet (r) 3.0 (2006):

deductible
    adj 1: acceptable as a deduction (especially as a tax deduction)
           [ant: nondeductible]
    n 1: (taxes) an amount that can be deducted (especially for the
         purposes of calculating income tax)
    2: a clause in an insurance policy that relieves the insurer of
       responsibility to pay the initial loss up to a stated amount

Moby Thesaurus II by Grady Ward, 1.0:

50 Moby Thesaurus words for "deductible":
   accident insurance, actuary, annuity, assurance,
   aviation insurance, bail bond, bond, business life insurance,
   casualty insurance, certificate of insurance, court bond,
   credit insurance, credit life insurance, endowment insurance,
   family maintenance policy, fidelity bond, fidelity insurance,
   flood insurance, fraternal insurance, government insurance,
   health insurance, industrial life insurance, insurance,
   insurance agent, insurance broker, insurance company,
   insurance man, insurance policy, interinsurance,
   liability insurance, license bond, limited payment insurance,
   major medical insurance, malpractice insurance, marine insurance,
   mutual company, nondutiable, nontaxable, ocean marine insurance,
   permit bond, policy, robbery insurance, social security,
   stock company, tax-deductible, tax-exempt, tax-free,
   term insurance, theft insurance, underwriter