Record deduction, taking 50% off (4)
I believe the answer is:
disc
'record' is the definition.
(eg a CD, compact disc)
I can't explain the rest of the clue.
Can you help me to learn more?
(Other definitions for disc that I've seen before include "Old record" , "Flat round plate" , "counter" , "Sound recording" , "One of 33, 45 or 78?" .)