Origin of deductMiddle English deducten from Classical Latin deductus, past participle of deducere: see deduce
If you have four cookies and someone takes two and you now only have two, this is an example of when someone deducts two cookies.
verbde·duct·ed, de·duct·ing, de·ducts
- To take away (a quantity) from another; subtract.
- To derive by deduction; deduce.
Origin of deductMiddle English deducten from Latin dēdūcere dēduct- to lead away or down ; see deduce .
(third-person singular simple present deducts, present participle deducting, simple past and past participle deducted)
- To take one thing from another; remove from; make smaller by some amount.
- I will deduct the cost of the can of peas from the money I owe you.
From Latin deductus, perfect passive participle of verb deducere (“lead from”).
- With the new health insurance laws passed in 2010, self-employed and freelance taxpayers are entitled to deduct all of their medical expenses, even if a portion of their cost was covered under a health insurance plan.
- Homeowners may be eligible to deduct the amount of interest they pay on their mortgage loan, which means that their total federal tax obligation is reduced by the amount of the mortgage interest they pay that year.
- In addition, if you pay with a Visa or MasterCard, you can deduct 15 percent of the price; if you pay with cash, you can deduct 20 percent (see the Discount Schedule link in the AW Fireworks sidebar for more information).
- The Internal Revenue Service (IRS) Code does not contain a provision allowing taxpayers to deduct the cost of home improvements made within the previous tax year that were not intended for medical purposes.
- With all reverence, an historical student has to deduct something from both these statements.