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Deductible
Language:
English
Pronunciation:
de-duct-ible
Part of Speech:
adjective
Defined Definitions
DictionaryAPI
An amount of expenses that must be paid out of pocket before an insurer will pay further expenses.
User Defined Definitions
"especially for the purposes of calculating income tax"
"a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount"
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