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erase
/ɪˈreɪz/
/ɪˈreɪs/ verb [T] Definition
› to cancel the effect of an increase or fall in something such as an amount of debt, the price of shares, etc.: erase a deficit/debt/loss To erase the budget deficit through cuts alone would mean extreme measures such as shutting prisons and college campuses. erase a profit/gain
› to remove information or data from the place where it was stored: erase sth from sth Fraudulent accounts had been erased from the records. All personal data is securely erased in accordance with our data protection policy.
(Definition of erase verb from the Cambridge Business English Dictionary
© Cambridge University Press)
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