1. to subtract or take away an amount from a total
Usage: third person singular present tense of ‘deduct’

Examples

• The company deducts taxes from each paycheck.
• She deducts business expenses from her total income.
• The bank deducts a monthly fee from his account.
• The teacher deducts points for late assignments.
• Insurance deducts a portion of the claim for the deductible.
• The store deducts the discount amount at checkout.