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    deductible

    deductible - Dictionary definition and meaning for word deductible

    Definition
    (noun) (taxes) an amount that can be deducted (especially for the purposes of calculating income tax) Definition
    (noun) a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount Definition
    (adj) acceptable as a deduction (especially as a tax deduction)
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