Deduct - Meaning, Definition & English Examples
To deduct means to subtract or take away an amount from a total. It is commonly used in finance, taxes, or mathematics when reducing a sum by a specific value.
Definition:
Subtract an amount from a total, especially for taxes or expenses.
Synonyms:
subtract, remove, withhold
Part of Speech:
verb
Antonyms:
add, include
Common Collocations:
deduct taxes, deduct expenses, deduct points
Derivatives:
deductible, deduction, deducting
Usage Tips:
Use "deduct" when subtracting amounts, especially in financial or scoring contexts.
Common Phrases:
deduct from salary, tax-deductible expense
Etymology:
From Latin "deductus," past participle of "deducere," meaning to lead down or away.
Examples:
- 1. You can deduct business expenses from your taxable income.
- 2. The teacher will deduct points for late submissions.
- 3. Don’t forget to deduct the shipping costs from the total.
- 4. Charitable donations are often tax-deductible.