what is term deductible?

Submitted by mommiemed on Thu, 10/20/2011 - 16:48

I am needing to explain on a research paper what term deductible is, and i am having to explain it. so the defintion would help or somewhere i could find it. thanks

Posted: 20 Oct 2011 07:36 Post Subject:

You might want to try this service called Google. You may be able to find the definition using it. Just a wild thought.

(A research paper and you can't seem to find the definition of deductible?)

Posted: 25 Nov 2011 10:25 Post Subject:

Deductible is a term used for the amount of expenses which is subtracted from the original income to save tax on the income.

Posted: 25 Nov 2011 11:09 Post Subject:

Deductible is the amount you pay upfront in a claim before your insurance kicks in.

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