What is the definition of Franchise deductible? | Dictionary.net

FRANCHISE DEDUCTIBLE

\fɹˈant͡ʃa͡ɪz dɪdˈʌktəbə͡l], \fɹˈant‍ʃa‍ɪz dɪdˈʌktəbə‍l], \f_ɹ_ˈa_n_tʃ_aɪ_z d_ɪ_d_ˈʌ_k_t_ə_b_əl]\

Definitions of FRANCHISE DEDUCTIBLE

1910 - Black's Law Dictionary (2nd edition)

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An initial amount of damage the policy owner must pay. Damage over this amount is covered by the policy.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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