Meaning of “deduct” in the English Dictionary

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"deduct" in British English

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deductverb [ T ]

uk /dɪˈdʌkt/ us /dɪˈdʌkt/

to take away an amount or part from a total:

The player had points deducted (from his score) for arguing with the referee.

(Definition of “deduct” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"deduct" in American English

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deductverb [ T ]

us /dɪˈdʌkt/

to take away an amount or part from a total:

The company deducts $31.93 each week from my salary for health insurance.

To deduct is also not to have to pay taxes on an amount that you have earned:

Homeowners can deduct the interest they pay on their mortgages.

(Definition of “deduct” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"deduct" in Business English

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deductverb [ T ]

uk /dɪˈdʌkt/ us

to take away an amount or part from a total:

deduct sth from sth By arrangement with your mortgage holder, you can have them automatically deduct a regular payment from a checking or savings account.
Each week a small amount is deducted from her wages for the pension plan.
Tax and National Insurance contributions are deducted at source, before you receive your salary.

TAX to take away the cost of particular things from the amount of money that you have earned, before you pay tax on it:

deduct sth from sth There are many expenses you can deduct from your income before calculating tax.

(Definition of “deduct” from the Cambridge Business English Dictionary © Cambridge University Press)