Health / Health Insurance / Reasonable And Customary Fees: The average fee charged by a particular type of health care practitioner within a geographic area. The term is often used by medical plans as the amount of money they will approve for a specific test or procedure. If the fees are higher than the approved amount, the individual receiving the service is responsible for paying the difference. Sometimes, however, if an individual questions his or her physician about the fee, the provider will reduce the charge to the amount that the insurance company has defined as reasonable and customary.
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Customary Adverb Synonyms: usual, normal, conventional, routine, everyday, common, commonplace, ordinary
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Reasonable Noun Synonyms: sensible, rational, sane, logical, sober, sound, judicious, wise, intelligent, thinking
Reasonable Verb Synonyms: credible, believable, plausible, tenable, reasoned, arguable, well-thought-out, well-grounded
Reasonable Adjective Synonyms: appropriate, suitable, proper, sensible, right
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Business / Accounting / Property Plant And Equipment Turnover: A measure of how well property, plant, and equipment are being utilized in generating a period's sales: computed by dividing net sales by average property, plant and equipment. MORE
Business / Accounting / Property Plant And Equipment: Tangible, long-lived assets acquired for use in business operations: includes land, buildings, machinery, equipment, and furniture. MORE
Business / Finance / Property, Plant And Equipment (PP and E): Assets used in the operations of a business that have a useful life greater than one year, including land, buildings, machinery, equipment, and furniture. Also known as fixed assets. See also deprecia MORE