deductible

deductible, adj. Capable of being subtracted, esp. from taxable income. See DEDUCTION(2).

deductible, n.

1. Under an insurance policy, the portion of the loss to be borne by the insured before the insurer becomes liable for payment. Cf. SELF-INSURED RETENTION N. [Cases: Insurance 2106, 2523.]

straight deductible. A deductible that is a specified, fixed amount.

2. The insurance-policy clause specifying the amount of this portion.

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词条贡献者

资深译员姚坚，国际知名语言学院法律翻译专业，擅长翻译各类与主权诉讼，仲裁及债务解决相关的法律文件。