English Lexicon

deductible

/dɪˈdʌktəbəl/
nounadjectiveCEFR B2 (Upper)Top #2500 frequency
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Comprehensive Definitions & Senses

1 sense
As noun
  1. 1

    A specified amount of money that the insured must pay before an insurance company will pay a claim.

    "We have a $500 deductible on our car insurance policy."

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Synonyms (1)

Linguistic Origin & Historical Etymology

Late Middle English: from medieval Latin deductibilis, from Latin deducere 'lead down, subtract' (see deduct).

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