de·duct vt: to take away (an amount) from a total; specif: to take as a deduction
must be capitalized...rather than immediately deduct ed — D. Q. Posin compare amortize

Merriam-Webster’s Dictionary of Law. . 1996.

I (conclude by reasoning) verb apply reason, arrive at a conclusion, ascertain, assume, calculate, come to a conclusion, conclude, conjecture, consider probable, construe, deduce, deem, derive, determine, divine, draw a conclusion, educe, extract, gather, guess, infer, judge, rationalize, ratiocinate, reason, suppose, surmise, think, think likely, trace, understand II (reduce) verb abate, attentuate, bate, cheapen, cut, cut down, decrease, deflate, deplete, depreciate, devaluate, dilute, diminish, discount, downgrade, dwindle, lessen, lower, make less, make smaller, mark down, remove, render few, shrink, slash, strike off, strip, subduct, subtract, take away, take off, trim, truncate, withdraw associated concepts: tax credit, tax deduction III index construe (comprehend), decrease, deduce, depreciate, diminish, except (exclude), excise (cut away), lessen, minimize, rebate, remove (eliminate), retrench, withdraw

Burton's Legal Thesaurus. . 2006

To subtract something from a total; in taxation, to subtract the cost of items from total income to determine taxable income.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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Look at other dictionaries:

  • deduct — de‧duct [dɪˈdʌkt] verb [transitive] 1. to take away an amount from a total: • Brazil has about 48 million bags of coffee available for sale; from this, deduct about eight million bags for domestic use. 2. ACCOUNTING to take away an amount from an …   Financial and business terms

  • Deduct — De*duct , v. t. [imp. & p. p. {Deducted}; p. pr. & vb. n. {Deducting}.] [L. deductus, p. p. of deducere to deduct. See {Deduce}.] 1. To lead forth or out. [Obs.] [1913 Webster] A people deducted out of the city of Philippos. Udall. [1913 Webster] …   The Collaborative International Dictionary of English

  • deduct — deduct, subtract mean to take away one quantity from another. Deduct usually is used in reference to amounts (as of costs, payments, or credits) while subtract is used in reference to numbers or to figures obtained by a computation or calculation …   New Dictionary of Synonyms

  • deduct — (v.) early 15c., from L. deductus, pp. of deducere lead down, bring away; see DEDUCE (Cf. deduce), with which it formerly was interchangeable. Technically, deduct refers to taking away portions or amounts; subtract to taking away numbers. Related …   Etymology dictionary

  • deduct — [v] take away or out; reduce abstract, allow, bate, cut back, decrease by, diminish, discount, dock, draw back, knock off, lessen, rebate, reduce, remove, roll back, subtract, take, take from, take off, withdraw, write off; concepts 236,247 Ant.… …   New thesaurus

  • deduct — ► VERB ▪ subtract or take away from a total. ORIGIN Latin deducere to take or lead away …   English terms dictionary

  • deduct — [dē dukt′, didukt′] vt. [ME deducten < L deductus, pp. of deducere: see DEDUCE] to take away or subtract (a quantity) …   English World dictionary

  • deduct — 01. Because she has to travel all over the place for her work , she can [deduct] her car as a business expense. 02. If you hand your assignment in late, I will [deduct] 5% for each day it is overdue. 03. The profits are lower than they appear… …   Grammatical examples in English

  • deduct — UK [dɪˈdʌkt] / US verb [transitive] Word forms deduct : present tense I/you/we/they deduct he/she/it deducts present participle deducting past tense deducted past participle deducted to take an amount or number from a total deduct something from… …   English dictionary

  • deduct — v. (D; tr.) to deduct from (to deduct a tax from one s wages) * * * [dɪ dʌkt] (D;tr.) to deductfrom (to deducta tax from one s wages) …   Combinatory dictionary

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