Allowable vs Deductible - What's the difference?

As adjectives the difference between allowable and deductible

is that allowable is appropriate; satisfactory; acceptable while deductible is that can be deducted.

amount of expenses that must be paid out of pocket before an insurer will pay any expenses.

(en adjective)

Appropriate; satisfactory; acceptable.

Intellectually admissible; valid; probable.

Able to be added or deducted in consideration of something.

Permissible; tolerable; legitimate.

(obsolete) Praiseworthy.

* (permissible) leveful

* allowableness * allowably

(wikipedia deductible) (en adjective)

That can be deducted

* tax deductible

* nondeductible

(en noun) (wikipedia deductible)

(US, insurance) Amount of expenses that must be paid out of pocket before an insurer will pay any expenses.

* (British)