What does deductible mean or Definition?

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List of meaning for deductible

the amount of money an individual pays for expenses before his insurance plan begins to pay

deductible(noun)

(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)

deductible(adj)

a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount

deductible(adj)

acceptable as a deduction (especially as a tax deduction)

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