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Deduction meaning

deduction - 6 dictionary results

  1. 1. Act or process of deducing or inferring.
  2. 2. Act of deducting or taking away; subtraction; as, the deduction of the subtrahend from the minuend.
  3. 3. That which is deduced or drawn from premises by a process of reasoning; an inference; a conclusion.
  4. 4. That which is deducted; the part taken away; abatement; as, a deduction from the yearly rent.
  5. 5. In tax law, an amount that you can subtract from the total amount of income on which you owe tax. Examples of federal income tax deductions include mortgage interest, charitable contributions, and certain state taxes.
  6. 6. Inference; abatement.

deduction - examples of usage

  1. 8533. What other deduction is there? - "Second Shetland Truck System Report", William Guthrie.
  2. 6101. Before bringing out your half, there is a deduction of 5 per cent. - "Second Shetland Truck System Report", William Guthrie.
  3. 5760. In that case their rent enters your account as deduction against the men? - "Second Shetland Truck System Report", William Guthrie.
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