Deductions
Type: noun
Pronunciation: /dih-duk-shunz/
Also spelled or known as: Royalty Deductions, Discounts
Singular: Deduction
Related: Royalty Statement
What does Deductions mean? Amounts subtracted from gross revenue or royalties.
Music deductions may include fees, expenses, reserves, taxes, recoupment, commissions, or chargebacks.
Deductions synonyms: Royalty Deductions, Subtractions, Expense Deductions
Example sentence: “The artist questioned several deductions on the royalty statement.”
PRE-ORDER RECORDING BUSINESS DICTIONARY