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deductible
noun [C usually plural] /dɪˈdʌk.tɪ.bl̩/
/-t̬ə-/ Definition
› an amount of money that is taken away from an employee's pay before they receive it: Companies try to control the cost of healthcare by raising employees' deductibles. › US (UK excess) a part of the cost of an accident, injury, etc. that you agree to pay yourself when you buy insurance: Customers can lower insurance premiums by taking higher deductibles.Insurance
(Definition of deductible noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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More Results for “deductible”
SMART Thesaurus: Insurance
Synonyms and related words:
- actuary noun
- assessor noun
- assurance noun (INSURANCE)
- bancassurance noun
- comprehensive insurance noun
- cover noun (PROTECTION)
- cover verb (PROTECT)
- endowment policy noun
- excess noun (INSURANCE)
- green card noun (CAR)
- indemnity noun
- insurer noun
- life insurance noun
- mature verb (FINANCE)
- non-contributory adjective
- premium noun (PAYMENT)
- protect verb
- term insurance noun
- the GISC noun
- third-party insurance noun
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