26984 words

deduction

7 definitions • 10 examples
1
the process of reaching a decision or answer by thinking about the known facts, or the decision that is reached:

Examples:

Through a process of deduction, the detectives discovered the identity of the killer.
deduction from All we can do is make deductions from the available facts.
2
the calculation of taking an amount or a part of something away from a total or the amount that is taken away:

Examples:

deduction of The interest I receive on my savings account is paid after the deduction of tax.
3
an amount that is taken away from the money you are paid before you officially receive it:

Examples:

After deductions, his taxable income is $30,000.
4
the process of learning something by considering a general set of facts and thinking about how something specific relates to them:

Examples:

[ C ] Sherlock Holmes was famous for making clever deductions.
5
an amount or part taken away from a total, esp. an expense that you do not have to pay taxes on, or the process of taking away an amount or part:

Examples:

[ C ] New tax regulations would cut the deduction for business lunches.
6
the process of taking away an amount or a part of something from a total, or the amount that is taken:

Examples:

The interest you receive will be paid after deduction of tax.
Household insurance policies tend to replace lost or stolen items on a "new for old" basis, while travel policies tend to make deductions for wear and tear.
7
the process of taking away particular costs from the amount of money that you have earned before you pay tax on it, or the costs that are taken away:

Examples:

The married couple's allowance was in the form of a tax deduction.

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