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
tax at source
tax deductible
deductible
take off
pre acquisition profits
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Financial and Operational Combined Uniform Single Report (FOCUS Report)