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deductible

UK[dɪˈdʌktəbl̩]US[dɪˈdʌktəbl̩]
adj

able to be taken away from an amount or sum.

n

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

Morpheme Breakdown

de
duct
ible
de

away

duct

lead

ible

able to be

Etymology

the word deductible is built from the latin verb deducere, meaning "to lead down or away." the prefix de- signifies removal or reversal, while the root ducere means "to lead." the suffix -ibilis (english -ible) was added to form an adjective meaning "that which can be led away or taken off." this literal sense of "capable of being subtracted" evolved into its modern financial and insurance meanings, where it describes an amount that can or must be taken away from a total sum or payment.

Analysis

Structure: de (away) + duct (lead) + ible (able to be) de: latin origin, a prefix meaning "away, down, off, completely." duct: latin origin, from the root ducere meaning "to lead." ible: latin origin, a suffix forming adjectives meaning "able to be, capable of, fit for."

Examples

the cost of the repairs is tax deductible.

my health insurance has a high deductible.

a standard deduction is deductible from your gross income.

deductible – Meaning, Etymology & Word Origin | OpenEtymology