deductible

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deductible

On a building project, a type of insurance policy stipulating that in the event of loss, the insured is liable for a specified initial amount and the insurance company is liable for the amount above that figure, up to the insured amount.
References in classic literature ?
We are much afraid that we must make large payment to the white man's people, and we hide our blankets, and our furs, and all our wealth, so that it will seem that we are poor people and can make only small payment.
It is true that the innkeeper detained his alforjas in payment of what was owing to him, but Sancho took his departure in such a flurry that he never missed them.
d'Herblay, and he offered to become my surety for the different payments.
Madame, I should esteem that a great honor done me, but I am so pressed for time, that, you see, I have been obliged to permit myself to interrupt your repast to procure payment of my note.
Then it was all poppycock, two cents a word for minimum rate and payment upon acceptance.
That meant that Maria would not press for payment, and he resolved generously that it would be the only one he would pay; so he began searching through the cast-out heap for hers.
He did not know that where the steward had shown him in the accounts that the serfs' payments had been diminished by a third, their obligatory manorial work had been increased by a half.
The united provinces of the Low Countries, in their government, excel; for where there is an equality, the consultations are more indifferent, and the payments and tributes, more cheerful.
For example, the courts have held that awards for back pay and future pay to wrongfully terminated employees were FICA wages since the payments were a result of the employee-employer relationship.
In extant GWE authorities, the fact that a payment originates in the general welfare fund appears to be generally assumed (or at least the IRS must believe that this would be easy to verify), and thus this first prong is not discussed.
The company agreed to a permanent injunction and to the payment of a $300,000 civil fine.
Borrowers can also extend their payment terms to lower the monthly payments.