Deduction - Dictionary Definition and Overview

Deduction :  (noun)
1: a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket [syn: tax write-off, tax deduction]
2: an amount or percentage deducted [syn: discount]
3: something that is inferred (deduced or entailed or implied); "his resignation had political implications" [syn: entailment, implication]
4: reasoning from the general to the particular (or from cause to effect) [syn: deductive reasoning, synthesis]
5: the act of subtracting (removing a part from the whole); "he complained about the subtraction of money from their paychecks" [syn: subtraction] [ant: addition]
6: the act of reducing the selling price of merchandise [syn: discount, price reduction]

Based on WordNet 2.0

Deduction : \De*duc"tion\, n. [L. deductio: cf. F. d['e]duction.] 1. Act or process of deducing or inferring.

The deduction of one language from another. --Johnson.

This process, by which from two statements we deduce a third, is called deduction. --J. R. Seely.

2. Act of deducting or taking away; subtraction; as, the deduction of the subtrahend from the minuend.

3. That which is deduced or drawn from premises by a process of reasoning; an inference; a conclusion.

Make fair deductions; see to what they mount. --Pope.

4. That which is deducted; the part taken away; abatement; as, a deduction from the yearly rent.

Syn: See Induction.

Based on WordNet (r) 2.0 (August 2003)

Example Usage of Deduction

AnimalsGalor: A tax Deduction for pets? / Not the answer http://bit.ly/4C8bOR
ammasresponses: [Government]Hi, Section 80U Deduction IN THE CASE OF PERMANENT PHYSICAL DISABILITY (INCLUDING BLINDNESS). In computing the
surffinance: New blog post: Maintien de la déduction des intérêts d'emprunt immobiliers en 2010 ! http://bit.ly/4VoOWd
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