De‐duct″i‐ble (?), a. 1. Capable of being deducted, taken away, or withdrawn.
Not one found honestly deductible
From any use that pleased him. Mrs. Browning.
2. Deducible; consequential.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.