deduct
verb

to take money away from a total

Examples
  • to deduct £3 from the price

  • to deduct a sum for expenses

  • After deducting costs the gross margin is only 23 per cent.

  • Expenses are still to be deducted.

Browse by Subjects
pre acquisition profits
deductible
take off
tax deductible
tax at source
See All Related Terms »

trading hours
voluntary registration
pegged price
general partnership
bad cheque