Math Definitions - Letter D
Chapters
Deductible
Definition of Deductible
A deductible is an American term for what we call an "Excess" in Australia.
It is a term used by the insurance industry to indicate an amount that will not be returned to the customer when an insurance claim is made.
For example, if you rent a car, and your contract includes a \(\$200\) excess on the insurance, you will have to pay the first \(\$200\) charged for repairs if you damage the car. The insurance company will pay the rest.
Description
The aim of this dictionary is to provide definitions to common mathematical terms. Students learn a new math skill every week at school, sometimes just before they start a new skill, if they want to look at what a specific term means, this is where this dictionary will become handy and a go-to guide for a studen
Audience
Year 1 to Year 12 students
Learning Objectives
Learn common math terms starting with letter D
Author: Subject Coach
Added on: 6th Feb 2018
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