"deducting" in the verb sense
1. subtract, deduct, take off
make a subtraction
"subtract this amount from my paycheck"
2. withhold, deduct, recoup
retain and refrain from disbursing of payments
"My employer is withholding taxes"
3. deduce, infer, deduct, derive
reason by deduction establish by deduction
Source: WordNet® (An amazing lexical database of English)
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