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{%type%} Definitions

WordNet 3.0Copyright Princeton University
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Short "hint"

The allowance of an item that can be taken away or subtracted from income on a tax return. Also: The requirement of the portion of an insured loss to be borne by the insured before he or she is entitled to recovery from the insurer.

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Usage examples (35)
  • Tax deductibility is a lot more valuable to someone in the 39% tax bracket than someone who doesn't even pay federal income taxes.
  • It also explains a couple of the positions mentioned in the comparison that seemed to me: such as deductibility of health insurance, a "given" in most states.
  • The interest deductibility on student loans is back.
  • The underlying revenue comes in from the deductibility.
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