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Simple English definitions for legal terms
subtrahend
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A quick definition of subtrahend:
Term: SUBTRAHEND
Definition: The subtrahend is a number that is subtracted from another number (called the minuend) to find the difference or remainder. It is used in math equations and also in accounting contexts in law.
Related term: MINUEND
A more thorough explanation:
Definition: In a mathematical equation, the subtrahend is the number that is subtracted from another number (the minuend) to arrive at a remainder or balance. This term is also used in law in various accounting contexts.
Example 1: In the equation 10 - 3 = 7, the subtrahend is 3.
Example 2: A company's income statement shows revenue of $100,000 and expenses of $60,000. The subtrahend in this case is $60,000, which is subtracted from the revenue to arrive at the company's net income of $40,000.
These examples illustrate how the subtrahend is the number or amount that is being subtracted from another number or amount in order to find the difference or balance.