deduction
pronunciation
How to pronounce deduction in British English: UK [dɪˈdʌkʃn]
How to pronounce deduction in American English: US [dɪˈdʌkʃn]
-
- 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
- an amount or percentage deducted
- something that is inferred (deduced or entailed or implied)
- reasoning from the general to the particular (or from cause to effect)
- the act of subtracting (removing a part from the whole)
- the act of reducing the selling price of merchandise
Word Origin
- deduction (n.)
- early 15c., "action of deducting," from Middle French déduction or directly from Latin deductionem (nominative deductio), noun of action from past participle stem of deducere (see deduce). Meaning "that which is deducted" is from 1540s. As a term in logic, from Late Latin use of deductio as a loan-translation of Greek apagoge.
Antonym
Example
- 1. Make sure that your savings is done the same way automatic deduction .
- 2. The us made bond purchases easy through payroll deduction and other conveniences .
- 3. They cite the g.i. bill , home mortgage interest deduction and state university system as examples .
- 4. This would replace the personal income and business tax regime with a code that allows unlimited deduction for personal savings and business investment .
- 5. Du says the turnaround from net loss was primarily due to the cash collected after the disposal of szpsp , the increase in profitability of tianjin huaneng and the deduction of the liquidity penalty .