Sorry, no online dictionaries contain the exact phrase deduction on cost.
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Reverse dictionary results:
1. abatement
 2. allowance
3. depreciation
4. discount
5. expense
6. less
7. loss
8. net
9. outgo
10. rent
 11. tax
12. taxation
13. cca
14. application
15. capital
16. collection
17. reason
18. allow
19. axiom
20. banked
 21. base
22. checkoff
23. clear
24. cleared
25. cpa
26. credit
27. credited
28. credits
29. deduct
30. deductible
 31. depreciation rate
32. dockage
33. draft
34. drafted
35. drawback
36. gross
37. induction
38. ira
39. net proceeds
40. offset

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You can look up the words in the phrase individually using these links:   deduction ?   on ?   cost ?
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