Deduction meaning

What does “deduction” mean? Definitions, examples, synonyms and opposites.

“deduction” is a noun with 6 meanings. Its most common meaning is: a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket.

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

  2. an amount or percentage deducted

    Synonymsdiscount
  3. something that is inferred (deduced or entailed or implied)

    “his resignation had political implications”

  4. reasoning from the general to the particular (or from cause to effect)

  5. the act of subtracting (removing a part from the whole)

    “he complained about the subtraction of money from their paychecks”

    Synonymssubtraction
  6. the act of reducing the selling price of merchandise

Source: WordNet 3.1, Princeton University