deductible

• Beschreibt einen Betrag, der von einem Gesamtbetrag abgezogen werden kann, insbesondere im Steuer- oder Versicherungskontext; im Versicherungswesen bezeichnet es den Selbstbehalt, im Steuerrecht den abzugsfähigen Betrag.

Describes an amount of money that can be subtracted from total income or cost, typically used in tax or insurance contexts.

1. Acceptable as a deductionB2formal

   Referring to an expense that can be subtracted from total income or tax liability, reducing the amount owed.

   abzugsfähig

   • Charitable donations are often tax deductible.
   • Business travel expenses may be deductible for self-employed individuals.
   • Make sure to keep receipts for all deductible costs.

   Synonymeallowable

• Betrag, der abgezogen werden kann, z. B. bei der Steuer (abzugsfähiger Betrag), oder die vereinbarte Summe in einem Versicherungsvertrag, die der Versicherte selbst tragen muss, bevor die Versicherung den restlichen Schaden übernimmt (Selbstbeteiligung).

A noun referring to an amount that can be subtracted, such as for tax purposes, or a specified sum in an insurance policy that the policyholder must pay before the insurer covers the remaining loss.

1. Tax DeductionB2formallegal

   An amount of money that can be subtracted from gross income when calculating taxable income.

   Steuerabzug

   • You can claim a deductible for your charitable donations.
   • Mortgage interest is a common tax deductible.
   • The accountant listed all eligible deductibles on the return.

   Synonymedeductiontax deductiontax write-offwrite-off

2. Insurance DeductibleB2formallegal

   A specified amount of money that the insured must pay before an insurance company will pay a claim.

   Selbstbehalt

   • My car insurance has a $500 deductible.
   • After the accident, she had to pay the deductible first.
   • Choosing a higher deductible can lower your monthly premium.

   Synonymeexcess