- able to be subtracted for tax purposes
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index
deductible (capable of being deducted from taxes)
Burton's Legal Thesaurus. William C. Burton. 2006
able to be subtracted for tax purposes
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deductible — de·duc·ti·ble 1 /di dək tə bəl/ adj: allowable as a deduction de·duc·ti·bil·i·ty / ˌdək tə bi lə tē/ n deductible 2 n: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured… … Law dictionary
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