deduct


de·duct

verb \di-ˈdəkt, dē-\

: to take away (something, especially an amount of money) from a total

Full Definition of DEDUCT

transitive verb
1
:  to take away (an amount) from a total :  subtract
2
:  deduce, infer

Examples of DEDUCT

  1. You can deduct up to $500 for money given to charity.
  2. <after deducting taxes, what's left is your net pay for the week>

Origin of DEDUCT

Latin deductus, past participle of deducere
First Known Use: 15th century

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