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单词 deductible clause
释义

deductible clause


noun

a clause in an insurance policy stipulating that the insured will be liable for a specified initial amount of each loss, injury, etc., and that the insurance company will be liable for any additional costs up to the insured amount.
Compare franchise clause.

Words nearby deductible clause

dedolomitization, dedolomitize, deduce, deduct, deductible, deductible clause, deduction, deduction theorem, deductive, deduplicate, de Duve
Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020
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更新时间:2024/9/22 3:36:27