deductible
Deductible for legal purposes means some kind of expense that reduces the amount someone owes.
Regarding insurance, a deductible is an amount in an insurance claim that the provider deducts from a claim that must be paid by the insurance holder, or a deductible is the amount an individual must pay before the insurance begins paying out for claims. For example, Johnny wrecks his car causing $10,000 in damage. If Johnny has a $1,000 deductible, the insurance company would only pay $9,000.