what is term deductible?

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PostPosted: Thu Oct 20, 2011 4:48 pm   Post subject: what is term deductible?  

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

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PostPosted: Thu Oct 20, 2011 7:36 pm   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?)

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PostPosted: Fri Nov 25, 2011 10:25 am   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.


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PostPosted: Fri Nov 25, 2011 11:09 am   Post subject:   

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

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