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The friendship between these two girls is invaluable. The definition of invaluable is priceless or having value too great to measure. An example of invaluable is the sentimental worth of your great grandmother's wedding band. invaluable.
allowable charge. [Élouâ²ÉbÉl] the maximum dollar amount that a third party, usually an insurance company, will reimburse a provider for a specific service. allowable charge. Managed care The lesser of the actual charge, the customary charge and the prevailing charge, which is the amount on which Medicare bases Part B payments.