deductibility

English

Etymology

From deductible +‎ -ity.

Pronunciation

  • (UK) IPA(key): /dɪˌdʌktəˈbɪlɪti/, /dɪˌdʊktəˈbɪlɪti/

Noun

deductibility (countable and uncountable, plural deductibilities)

  1. The ability to be deducted, such as from one's taxes
    There is no doubt about the deductibility of these expenses.
    • 2021 February 23, Jeanne Sahadi, “So you got a PPP loan? Here’s what that means for your state taxes”, in CNN Business‎[1]:
      In several months you’re likely to have a clearer picture on how your state intends to treat your forgiven PPP loan and the deductibility of your business expenses not just for tax year 2020 but also tax year 2021.

Derived terms

Translations

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