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
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.
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.'
