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FINDLAW LEGAL DICTIONARY

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Deduct

deduct vt

: to take away (an amount) from a total
;specif
: to take as a deduction [must be capitalized…rather than immediately ed "D. Q. Posin"] compare amortize



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.