Monetary Threshold Definition:
Monetary Threshold can be defined as, In loss-free auto insurance, a limit is based on the degree of injury of the individual (measured in dollars in medical expenses) which must be met before a lawsuit can be filed against the negligent party. Compare verbal limit and complaint limit.
Literal Meanings of Monetary Threshold
Meanings of Monetary:
In terms of money or currency.
Sentences of Monetary
Documents of small or no financial value
Synonyms of Monetary
financial, fiscal, cash, economic, money, capital, pecuniary, budgetary
Meanings of Threshold:
A piece of wood, metal or stone that forms under a door and as it enters a house or room.
The amount or intensity that must be exceeded in order for a particular reaction, tendency, result or situation to appear or appear.
Sentences of Threshold
I stand at the door of Sheila's bedroom
Nothing happens until the signal crosses the threshold
Synonyms of Threshold
door, portal, gate, sill, approach, doorway, gateway, doorsill, entrance, doorstep, entry, way in