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deducting

[dɪˈdʌktɪŋ]

deducting Definition

  • 1to take away an amount or part from a total
  • 2to subtract something from something else

Using deducting: Examples

Take a moment to familiarize yourself with how "deducting" can be used in various situations through the following examples!

  • Example

    The company is deducting $50 from my salary for the insurance.

  • Example

    The tax will be deducted from your paycheck.

  • Example

    He deducted the cost of the meal from his expenses.

deducting Synonyms and Antonyms

Synonyms for deducting

Antonyms for deducting

Phrases with deducting

  • deductible expenses

    expenses that can be subtracted from income when calculating taxes

    Example

    Donations to charity are deductible expenses.

  • the amount of money that must be paid by the policyholder before an insurance company will pay any expenses

    Example

    The deductible amount for this insurance policy is $500.

  • a tax that can be subtracted from income when calculating taxes

    Example

    Property taxes are deductible taxes.

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Summary: deducting in Brief

The verb 'deducting' [dɪˈdʌktɪŋ] means to take away an amount or part from a total, or to subtract something from something else. It is often used in financial contexts, such as deducting taxes or expenses from income. Examples include 'The company is deducting $50 from my salary for the insurance,' and 'He deducted the cost of the meal from his expenses.'