DEDUCTING Meaning and
Definition
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Deducting refers to the process of subtracting or reducing a specific amount or value from a total, usually for the purpose of calculating a net value or determining a final result. It involves removing or taking away a particular quantity, value, or percentage from a whole or initial amount.
In financial terms, deducting often pertains to the reduction or withdrawal of expenses, taxes, or other financial obligations from a person or company's income. This enables the determination of the net income or profit that remains after these deductions have been accounted for.
Furthermore, deducting can also be applied in the context of deductions made from salaries or wages. These deductions, such as taxes, insurance premiums, retirement contributions, or loan repayments, are typically subtracted from an employee's gross earnings, resulting in their net pay or take-home pay.
In mathematics, deducting involves the process of performing subtraction. This refers to the act of taking away one number or quantity from another to determine the difference between them.
Overall, deducting involves the act of subtracting or decreasing a specific amount or value from a given total for various purposes, such as calculating net income, determining net pay, or finding the difference between two quantities.
Top Common Misspellings for DEDUCTING *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for DEDUCTING
Etymology of DEDUCTING
The word "deducting" derives from the verb "deduct".
The verb "deduct" dates back to the late 15th century and comes from the Latin word "deductus", the past participle of "deducere". "Deducere" is composed of two Latin elements: "de-" meaning "away" or "off", and "ducere" meaning "to lead". Therefore, "deducere" literally translates to "to lead away" or "to take away".
Over time, "deductus" was adapted into the Old French verb "deduire", which carried a similar meaning of "to direct, guide, or lead away". From Old French, the word made its way into Middle English as "deducten", eventually evolving into the modern English word "deduct".
Similar spelling words for DEDUCTING
- deductible,
- deduction,
- deductive,
- Educating,
- deduct,
- detect,
- detection,
- deducted,
- depicting,
- Dedicating,
- Deducting,
- detecting.
Conjugate verb Deducting
CONDITIONAL
I
would deduct
we
would deduct
you
would deduct
he/she/it
would deduct
they
would deduct
FUTURE
I
will deduct
we
will deduct
you
will deduct
he/she/it
will deduct
they
will deduct
FUTURE PERFECT
I
will have deducted
we
will have deducted
you
will have deducted
he/she/it
will have deducted
they
will have deducted
PAST
I
deducted
we
deducted
you
deducted
he/she/it
deducted
they
deducted
PAST PERFECT
I
had deducted
we
had deducted
you
had deducted
he/she/it
had deducted
they
had deducted
PRESENT
I
deduct
we
deduct
you
deduct
he/she/it
deducts
they
deduct
PRESENT PERFECT
I
have deducted
we
have deducted
you
have deducted
he/she/it
has deducted
they
have deducted
I
am deducting
we
are deducting
you
are deducting
he/she/it
is deducting
they
are deducting
I
was deducting
we
were deducting
you
were deducting
he/she/it
was deducting
they
were deducting
I
will be deducting
we
will be deducting
you
will be deducting
he/she/it
will be deducting
they
will be deducting
I
have been deducting
we
have been deducting
you
have been deducting
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has been deducting
they
have been deducting
I
had been deducting
we
had been deducting
you
had been deducting
he/she/it
had been deducting
they
had been deducting
I
will have been deducting
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will have been deducting
he/she/it
will have been deducting
they
will have been deducting
I
would have deducted
we
would have deducted
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would have deducted
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would have deducted
they
would have deducted
I
would be deducting
we
would be deducting
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would be deducting
he/she/it
would be deducting
they
would be deducting
I
would have been deducting
we
would have been deducting
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they
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