NONDEDUCTIBLE

nondeductible

(adjective) not allowable as a deduction

Source: WordNet® 3.1


Etymology

Adjective

nondeductible (not comparable)

(finance) That cannot be deducted for income tax purposes, and that tax has to be paid on.

Noun

nondeductible (plural nondeductibles)

(finance) Any expense that cannot be deducted for income tax purposes.

Source: Wiktionary



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Word of the Day

2 February 2025

BACK

(adverb) at or to or toward the back or rear; “he moved back”; “tripped when he stepped backward”; “she looked rearward out the window of the car”


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Coffee Trivia

There are four varieties of commercially viable coffee: Arabica, Liberica, Excelsa, and Robusta. Growers predominantly plant the Arabica species. Although less popular, Robusta tastes slightly more bitter and contains more caffeine.

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