If you get a tax deduction it means you get to reduce the amount of your income that is subject to tax. If something's on sale, you might get a percentage deduction from the original price. Deduction means taking away, or an amount taken away.
Act or process of deducing or inferring.
Noun
the act of subtracting (removing a part from the whole); "he complained about the subtraction of money from their paychecks"
Noun
the act of reducing the selling price of merchandise
Noun
reasoning from the general to the particular (or from cause to effect)
Noun
something that is inferred (deduced or entailed or implied); "his resignation had political implications"
Noun
an amount or percentage deducted
Noun
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer''s income bracket
n.
Act or process of deducing or inferring.
n.
Act of deducting or taking away; subtraction; as, the
deduction of the subtrahend from the minuend.
n.
That which is deduced or drawn from premises by a
process of reasoning; an inference; a conclusion.
n.
That which is deducted; the part taken away; abatement;
as, a deduction from the yearly rent.
Deduction
The deduction of one language from another.
This process, by which from two statements we deduce a third, is called deduction.2.
Make fair deductions; see to what they mount.4.
Act or process of deducing or inferring.
Usage Examples
We are approaching a new age of synthesis. Knowledge cannot be merely a degree or a skill... it demands a broader vision, capabilities in critical thinking and logical deduction without which we cannot have constructive progress.
The precise point at which a tax deduction becomes a 'loophole' or a tax incentive becomes a 'subsidy for special interests' is one of the great mysteries of politics.
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Other Usage ExamplesThe grand aim of all science is to cover the greatest number of empirical facts by logical deduction from the smallest number of hypotheses or axioms.
We do not learn by inference and deduction and the application of mathematics to philosophy, but by direct intercourse and sympathy.
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