| deduction | | |
| n. (possession) | 1. deduction, tax deduction, tax write-off | a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket. |
| ~ tax benefit, tax break | a tax deduction that is granted in order to encourage a particular type of commercial activity. |
| ~ business deduction | tax write-off for expenses of doing business. |
| ~ exemption | a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.).; "additional exemptions are allowed for each dependent" |
| ~ write-down, write-off | (accounting) reduction in the book value of an asset. |
| n. (possession) | 2. deduction, discount | an amount or percentage deducted. |
| ~ allowance, adjustment | an amount added or deducted on the basis of qualifying circumstances.; "an allowance for profit" |
| ~ trade discount | a discount from the list price of a commodity allowed by a manufacturer or wholesaler to a merchant. |
| n. (cognition) | 3. deduction, entailment, implication | something that is inferred (deduced or entailed or implied).; "his resignation had political implications" |
| ~ illation, inference | the reasoning involved in drawing a conclusion or making a logical judgment on the basis of circumstantial evidence and prior conclusions rather than on the basis of direct observation. |
| n. (cognition) | 4. deduction, deductive reasoning, synthesis | reasoning from the general to the particular (or from cause to effect). |
| ~ abstract thought, logical thinking, reasoning | thinking that is coherent and logical. |
| ~ syllogism | deductive reasoning in which a conclusion is derived from two premises. |
| n. (act) | 5. deduction, subtraction | the act of subtracting (removing a part from the whole).; "he complained about the subtraction of money from their paychecks" |
| ~ reduction, step-down, diminution, decrease | the act of decreasing or reducing something. |
| ~ bite | a portion removed from the whole.; "the government's weekly bite from my paycheck" |
| ~ withholding | the act of deducting from an employee's salary. |
| n. (act) | 6. deduction, discount, price reduction | the act of reducing the selling price of merchandise. |
| ~ reduction, step-down, diminution, decrease | the act of decreasing or reducing something. |
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