Similar words: destructible, indestructible, deduction, deductive, tax deduction, collectible, uncollectible accounts, deduct. Meaning: [-təbl] 
n. 1. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax) 2. a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount. adj. acceptable as a deduction (especially as a tax deduction).
n. 1. (taxes) an amount that can be deducted (especially for the purposes of calculating income tax) 2. a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount. adj. acceptable as a deduction (especially as a tax deduction). 
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(61) Expenses are deductible only to the extent that in aggregate they exceed 7 percent of gross income.
(62) You generally cannot deduct lodging and meals unless you stay away overnight. Meals may be partially deductible as an entertainment expense, as discussed below.
More similar words: destructible, indestructible, deduction, deductive, tax deduction, collectible, uncollectible accounts, deduct, ductile, compatible, reduction, seductive, incompatible, perceptible, combustible, abduction, abducting, adduction, inductive, induction, corruptible, exhaustible, imcompatible, convertible, susceptible, conduction, production, conducting, productive, conductive.