deduction

de·duc·tion

Use deduction in a sentence

A form for determining payroll deductions.

noun

The definition of a deduction is the act of understanding something based on evidence.
An example of a deduction is what a detective makes after he compares and interprets the details of an investigation.
A deduction is defined as when something, especially money, is taken away.
An example of a deduction is what is taken out of your payroll check for income taxes.

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"deduction." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/Deduction>.

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deduction. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/Deduction

deduction

a deducting or being deducted; subtraction
1. a sum or amount deducted or allowed to be deducted as, specif., from taxable income
2. something for which such an amount may be deducted from taxable income
Logic the act or process of deducing; reasoning from the general to the specific, or from premises to a logically valid conclusion; also, a conclusion reached by such reasoning

Origin of deduction

Middle English deduccioun from Classical Latin deductio

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"deduction." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/Deduction>.

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deduction. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/Deduction

deduction

noun

The act of deducting; subtraction.
An amount that is or may be deducted: tax deductions.
The drawing of a conclusion by reasoning; the act of deducing.
Logic
a. The process of reasoning in which a conclusion follows necessarily from the stated premises; inference by reasoning from the general to the specific.
b. A conclusion reached by this process.

THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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"deduction." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/Deduction>.

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deduction. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/Deduction

The process of reasoning from the general to the specific, in which a conclusion follows necessarily from the premises.
A conclusion reached by this process.

Usage The logical processes known as deduction and induction work in opposite ways. In deduction general principles are applied to specific instances. Thus, using a mathematical formula to figure the volume of air that can be contained in a gymnasium is applying deduction. Similarly, applying a law of physics to predict the outcome of an experiment is reasoning by deduction. By contrast, induction makes generalizations based on a number of specific instances. The observation of hundreds of examples in which a certain chemical kills plants might prompt the inductive conclusion that the chemical is toxic to all plants. Inductive generalizations are often revised as more examples are studied and more facts are known. If certain plants that have not been tested turn out to be unaffected by the chemical, the conclusion about the chemical's toxicity must be revised or restricted. In this way, an inductive generalization is much like a hypothesis.

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"deduction." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/Deduction>.

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deduction. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/Deduction

Noun

(plural deductions)

That which is deducted; that which is subtracted or removed
A sum that can be removed from tax calculations; something that is written off
You might want to donate the old junk and just take the deduction.
A conclusion; that which is deduced, concluded or figured out
He arrived at the deduction that the butler didn't do it.
The ability or skill to deduce or figure out; the power of reason
Through his powers of deduction, he realized that the plan would never work.
(logic) A process of reasoning that moves from the general to the specific, in which a conclusion follows necessarily from the premises presented, so that the conclusion cannot be false if the premises are true.
A conclusion reached by this process

Origin

From Middle French déduction, from Latin deductio

See also: déduction

English Wiktionary. Available under CC-BY-SA license.

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"deduction." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/Deduction>.

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deduction. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/Deduction

deduction - Investment & Finance Definition

An expense that is subtracted from taxable income in order to reduce the amount of income tax that has to be paid. Charitable donations and business expenses, such as entertainment expenses and office supplies, are examples of items that can be deducted.

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"deduction." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/Deduction>.

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deduction. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/Deduction

deduction - Legal Definition

n

A monetary amount that a taxpayer is permitted by law or regulation to subtract from income when determining income tax.

itemized deduction

An expense, such as state and local taxes paid, or annual interest on a mortgage, that is listed on a tax return as a deduction. Includes charitable deductions.

standard deduction

A dollar amount that a taxpayer is permitted by law to subtract from taxable income in lieu of listing itemized deductions.