deductible
de-duct-i-ble
noun
The initial amount a policyholder pays towards an insurance claim before the insurer contributes.
"You must pay the £250 deductible first."
Thesaurus
Synonyms: allowable
Antonyms: nondeductible
de-duct-i-ble
The initial amount a policyholder pays towards an insurance claim before the insurer contributes.
"You must pay the £250 deductible first."
Synonyms: allowable
Antonyms: nondeductible