- To lead forth or out. - To take away, separate, or remove, in numbering,
estimating, or calculating; to subtract; -- often with from or out of. - To reduce; to diminish.
Meaning of 'deduct' (Princeton's WordNet)
1 . deduct
[ v]
Meaning (1): - retain and refrain from disbursing; of payments
Standard Deduction A Standard Deduction is a defined amount of money that taxpayers may utilize to lower their tax liability. They have the option of taking the deduction or itemizing it.
Straight deductible Straight deductible in an insurance contract by which the insured must pay a certain number of dollars of loss before the insurer is required
High-deductible health plan (HDHP) High-deductible health plan (HDHP) is a consumer-directed health plan that consists of major medical health insurance with a high deductible
Calendar-year deductible Calendar-year deductible is an amount payable by an insured during a calendar year before a group or individual health insurance policy
Aggregate deductible Deductible in some property and health insurance contracts in which all covered losses during a year are added together and the insurer
Hypothetico-deductive method Hypothetico-deductive method is the accepted method of conducting scientific investigations, first formulated by Galileo in the seventeenth
Deductive expense Deductive expense refers to an expense that the taxpayer uses to reduce taxable income before the tax rate applied.
Deductible Expense Deductible expense is an expense that the taxpayer uses to reduce taxable income before the tax rate is applied.
Deductive reasoning Deductive reasoning is the ability to extract certain rules based on a sequence of experiences or observations and apply those rules to other similar situations.
Deductible Deductible is the amount of costs you pay after an accident. Once you’ve paid the deductible, the insurance company pays the rest of