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The Collaborative International Dictionary of English v.0.48:

Deduct \De*duct"\, v. t. [imp. & p. p. Deducted; p. pr. & vb. n. Deducting.] [L. deductus, p. p. of deducere to deduct. See Deduce.] 1. To lead forth or out. [Obs.] [1913 Webster] A people deducted out of the city of Philippos. --Udall. [1913 Webster] 2. To take away, separate, or remove, in numbering, estimating, or calculating; to subtract; -- often with from or out of. [1913 Webster] Deduct what is but vanity, or dress. --Pope. [1913 Webster] Two and a half per cent should be deducted out of the pay of the foreign troops. --Bp. Burnet. [1913 Webster] We deduct from the computation of our years that part of our time which is spent in . . . infancy. --Norris. [1913 Webster] 3. To reduce; to diminish. [Obs.] "Do not deduct it to days." --Massinger. [1913 Webster]