Deduct
verb
To take away an amount or part from a total.
The company will deduct the cost of the repairs from your salary.

Often appears as...
- deduct from
- deduct cost
verb
In accounting, to take away an amount from taxable income or profits.
You can deduct your office expenses when calculating your taxable income.

Often appears as...
- deduct expenses
- deduct loss
Usage tips
Formal
Academic
verb
To take away an amount or part from a total.
The company will deduct the cost of the repairs from your salary.

Often appears as...
- deduct from
- deduct cost
verb
In accounting, to take away an amount from taxable income or profits.
You can deduct your office expenses when calculating your taxable income.

Often appears as...
- deduct expenses
- deduct loss
Usage tips
Formal
Academic
Definition 1 of 2

Partial Deduction
Deduct often means removing part, not all, of something like money or points

If you are late, they'll deduct ten minutes from your break time.
Total Calculation
Remember that 'deduct' involves calculating what remains after something is taken away.

After we deduct expenses, our net profit is $500.
Negative Outcome
'Deduct' typically has a negative connotation since it means losing something.

The store will deduct the fee for the returned item.
Partial Deduction
Deduct often means removing part, not all, of something like money or points

If you are late, they'll deduct ten minutes from your break time.
Total Calculation
Remember that 'deduct' involves calculating what remains after something is taken away.

After we deduct expenses, our net profit is $500.
Negative Outcome
'Deduct' typically has a negative connotation since it means losing something.

The store will deduct the fee for the returned item.
Partial Deduction
Deduct often means removing part, not all, of something like money or points

If you are late, they'll deduct ten minutes from your break time.
Total Calculation
Remember that 'deduct' involves calculating what remains after something is taken away.

After we deduct expenses, our net profit is $500.
Negative Outcome
'Deduct' typically has a negative connotation since it means losing something.

The store will deduct the fee for the returned item.
Video examples
The true cost of gold - ...
These costs are deducted from overall profits, leaving the amount subject to taxes at a bare minimum. These companies also buy gold on the black market. Local, small-scale miners often operate without a license, so the government is unaware of how much gold they mine. Corporations buy gold from these miners,
Video examples
The future of money PIPE...
In the past two decades, we've begun to use digital money. So I get paid via direct deposit, I pay my rent via bank transfer, I pay my taxes online. And every month, a small amount of money is deducted from my paycheck
Video examples
Tribal Beauty Pageant --...
my lady be given deducted a nikunj including bigamy zero but I won't be going alone their wives are also
Video examples
The true cost of gold - ...
These costs are deducted from overall profits, leaving the amount subject to taxes at a bare minimum. These companies also buy gold on the black market. Local, small-scale miners often operate without a license, so the government is unaware of how much gold they mine. Corporations buy gold from these miners,
Video examples
The future of money PIPE...
In the past two decades, we've begun to use digital money. So I get paid via direct deposit, I pay my rent via bank transfer, I pay my taxes online. And every month, a small amount of money is deducted from my paycheck
Video examples
Tribal Beauty Pageant --...
my lady be given deducted a nikunj including bigamy zero but I won't be going alone their wives are also
Example 1 of 3
Quote examples
Dev Anand
Indian Actor
A very small proportion of the country's black money is in the movie industry. Because we are written about, public attention is focused on us. Do you think there is no black money in other businesses? With the exception of government servants and others who have tax deducted at source, there are tax evaders in every walk of life.

Quote examples
Kevin Brady
American Politician
The ability to immediately deduct the costs of capital investments will help employers improve worker productivity and output - which grows Main Street jobs. And with these savings, businesses across the country will have more freedom to grow, hire new workers, and increase wages.

Quote examples
James Surowiecki
American Journalist
Until the nineteen-seventies, Western countries paid little attention to corruption overseas, and bribery was seen as an unpleasant but necessary part of doing business there. In some European countries, businesses were even allowed to deduct bribes as an expense.

Quote examples
Arthur Schopenhauer
German Philosopher
A man's delight in looking forward to and hoping for some particular satisfaction is a part of the pleasure flowing out of it, enjoyed in advance. But this is afterward deducted, for the more we look forward to anything the less we enjoy it when it comes.

Quote examples
Donella Meadows
American Environmentalist
We don't need new laws that can be used by organizations with deep pockets and the ability to deduct legal expenses as a cost of doing business to intimidate individuals or organizations that voice legitimate concerns.

Quote examples
Jonathan Raymond
American Writer
Why do I have an issue with banks? They have their greedy fingers in everyone's money. No other industry has the power to deduct a bill or fees directly from your own bank account without so much as a notice.

Quote examples
Dan Benishek
American Politician
I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill.

Quote examples
Valerie Jarrett
American Lawyer
When you compare the relatively modest tax that will ensue from prohibiting companies from receiving a subsidy and deducting that subsidy, the benefits dramatically outweigh the costs.

Quote examples
Georg Wilhelm Friedrich Hegel
German Philosopher
Governments have never learned anything from history, or acted on principles deducted from it.

Quote examples
Matthew Desmond
American Sociologist
All homeowners in America may deduct mortgage interest on their first and second homes.

Quote examples
Dev Anand
Indian Actor
A very small proportion of the country's black money is in the movie industry. Because we are written about, public attention is focused on us. Do you think there is no black money in other businesses? With the exception of government servants and others who have tax deducted at source, there are tax evaders in every walk of life.

Quote examples
Kevin Brady
American Politician
The ability to immediately deduct the costs of capital investments will help employers improve worker productivity and output - which grows Main Street jobs. And with these savings, businesses across the country will have more freedom to grow, hire new workers, and increase wages.

Quote examples
James Surowiecki
American Journalist
Until the nineteen-seventies, Western countries paid little attention to corruption overseas, and bribery was seen as an unpleasant but necessary part of doing business there. In some European countries, businesses were even allowed to deduct bribes as an expense.

Quote examples
Arthur Schopenhauer
German Philosopher
A man's delight in looking forward to and hoping for some particular satisfaction is a part of the pleasure flowing out of it, enjoyed in advance. But this is afterward deducted, for the more we look forward to anything the less we enjoy it when it comes.

Quote examples
Donella Meadows
American Environmentalist
We don't need new laws that can be used by organizations with deep pockets and the ability to deduct legal expenses as a cost of doing business to intimidate individuals or organizations that voice legitimate concerns.

Quote examples
Jonathan Raymond
American Writer
Why do I have an issue with banks? They have their greedy fingers in everyone's money. No other industry has the power to deduct a bill or fees directly from your own bank account without so much as a notice.

Quote examples
Dan Benishek
American Politician
I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill.

Quote examples
Valerie Jarrett
American Lawyer
When you compare the relatively modest tax that will ensue from prohibiting companies from receiving a subsidy and deducting that subsidy, the benefits dramatically outweigh the costs.

Quote examples
Georg Wilhelm Friedrich Hegel
German Philosopher
Governments have never learned anything from history, or acted on principles deducted from it.

Quote examples
Matthew Desmond
American Sociologist
All homeowners in America may deduct mortgage interest on their first and second homes.

Example 1 of 10
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