franquia
The Portuguese word for deductible is franquia.
In an insurance context, use franquia to refer to the deductible amount. If you are describing an expense that is eligible to be subtracted from taxes or accounts, use the adjective dedutível.
Meaning: eligible to be deducted (adj)
Which one should you use?
The noun franquia refers to the specific insurance deductible amount. In contrast, dedutível is an adjective used in accounting or tax contexts to describe something that is eligible to be deducted. You may also use the phrase valor a ser deduzido to formally express the amount that is to be deducted.
Is it said differently in some regions?
In Brazil, specifically regarding health insurance, you may encounter the term participação.
What mistakes should you avoid?
Be careful not to confuse franquia with the English word 'franchise'. Although they are cognates, in insurance, franquia specifically refers to the deductible amount.
Did you know?
- The word franquia derives from the concept of 'freedom' or 'exemption'. Historically, it implied a certain 'free' or 'exempt' portion of a debt or liability.
- The word franquia is also the standard term for a business 'franchise'. Depending on the context, it can mean the right to open a McDonald's or the amount you pay out-of-pocket for a car repair.
- In Brazil, health insurance plans often use the term coparticipação instead of a fixed deductible. This means you pay a small percentage of each medical procedure rather than a lump sum up front.
Examples in context
- Meu seguro de saúde tem uma franquia alta.My health insurance has a high deductible.
- Paguei uma franquia de R$1.000 para reparar meu carro.I paid a R$1,000 deductible to repair my car.
Example conversation
Camila and Lucas are discussing a car accident.
- CamilaO carro bateu, mas o seguro cobre.The car crashed, but the insurance covers it.
- LucasMas você terá que pagar a franquia.But you will have to pay the deductible.
- CamilaQuanto custa a franquia deste plano?How much is the deductible for this plan?
- LucasA franquia é de quinhentos reais.The deductible is five hundred reais.
