Deduction

Language: English
Pronunciation: de-duc-tion
Part of Speech: noun

Defined Definitions

DictionaryAPI

That which is deducted; that which is subtracted or removed

User Defined Definitions

"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"

"the act of reducing the selling price of merchandise"

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