Definition of deductible noun from the Oxford Advanced Learner's Dictionary

 

deductible

 noun
noun
BrE BrE//dɪˈdʌktəbl//
 
; NAmE NAmE//dɪˈdʌktəbl//
 
 
jump to other results
(North American English) (British English excess) the part of an insurance claim that a person has to pay while the insurance company pays the rest a policy with a very high deductible
See the Oxford Advanced American Dictionary entry: deductible