de·duct vt: to take away (an amount) from a total; specif: to take as a deductionmust be capitalized...rather than immediately deduct ed — D. Q. Posin compare amortize
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
(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
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
construe (comprehend), decrease, deduce, depreciate, diminish, except (exclude), excise (cut away), lessen, minimize, rebate, remove (eliminate), retrench, withdraw
Burton's Legal Thesaurus. William C. Burton. 2006
v.To subtract something from a total; in taxation, to subtract the cost of items from total income to determine taxable income.n.deduction
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.