How To Define Per-loss Deductible?
A simple definition of Per-loss Deductible is: Indicates the amount of the first dollar loss paid by the insured for each claim.
Literal Meanings of Per-loss Deductible
Meanings of Per:
For each (used with units to display rates)
Divided by title line.
Sentences of Per
A gas station that costs 29 1.29 a gallon
Do as instructed
Synonyms of Per
in harmony with, commensurate with, in agreement with, as per, following, in conformity with, in keeping with, per, honouring, true to, in fulfilment of, as specified by, to, observing, in obedience to, in accordance with, heeding, every, each, in compliance with, in line with
Meanings of Loss:
The fact or action of losing someone else.
Sentences of Loss
Don't waste your time
Synonyms of Loss
forgetting, misplacement, mislaying, dropping, overlooking
Meanings of Deductible:
This can be deducted primarily from taxable profits or taxable taxes.
(In insurance policy) A certain amount that must be paid by the insured before the claim is settled by the insurer.
Sentences of Deductible
Childcare vouchers are deductible for employers.