Meaning of “erase” in the English Dictionary

"erase" in British English

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eraseverb [ T ]

uk /ɪˈreɪz/ us /ɪˈreɪs/
noun [ C or U ] uk /ɪˈreɪ.ʒər/ us /ɪˈreɪ.ʒɚ/

the act of erasing something:

the nuclear erasure of entire populations
the erasure of police audiotapes

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

"erase" in American English

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eraseverb [ T ]

us /ɪˈreɪs/

erase verb [ T ] (DESTROY)

to destroy or remove something completely:

A subdirectory filled with precious data can be erased if you are not careful.

erase verb [ T ] (RUB AWAY)

to remove something written or a mark by rubbing:

I kept changing my mind and erasing my answers on the test.

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

"erase" in Business English

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eraseverb [ T ]

uk /ɪˈreɪz/ us /ɪˈreɪs/

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” from the Cambridge Business English Dictionary © Cambridge University Press)