See Also: payment(dictionary)
down payment(dictionary)
Payment(finance)
non-payment(dictionary)
payment(dictionary)
Co-payment(health)
Down Payment(law)
Payment(money)
Documents against payment(finance)
Graduated payment(finance)

locant (iou) and Co-payment (health)


locant (iou)



locant noun. M20.
[Latin locant- pres. ppl stem of locare LOCATE: see -ANT1.]
Chemistry. A number or letter in the name or cipher of a compound that indicates the position in its molecular structure of a constituent atom or group.

Co-payment (health)


A payment made by an individual who has Health insurance, usually at the time a service is received, to offset some of the cost of care. Co-payments are a common feature of HMO (Health Maintenance Organization) and PPO (Preferred Provider Organization) Health plans in the US. Co-payment size may vary depending on the service, generally with low copayments required for visits to a regular medical provider and higher payments for Services received in the emergency room, the latter intended to discourage insured persons from using the emergency room unless it is absolutely necessary. Also called co-insurance.