Allowable
Part of speech: adjective
Definition: Appropriate; satisfactory; acceptable. Intellectually admissible; valid; probable. Able to be added or deducted in consideration of something. Permissible; tolerable; legitimate. Praiseworthy.
Deductible
Part of speech: adjective
Definition: That can be deducted
Part of speech: noun
Definition: a clause in an insurance policy that deducts a defined amount from the sum paid out by the insurer