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]