Looking for the meaning or definition of the word deduction? That's all it means.
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
deduction, discount(noun)an amount or percentage deducted
deduction, entailment, implication(noun)something that is inferred (deduced or entailed or implied)
"his resignation had political implications"
deduction, deductive reasoning, synthesis(noun)reasoning from the general to the particular (or from cause to effect)
subtraction, deduction(noun)the act of subtracting (removing a part from the whole)
"he complained about the subtraction of money from their paychecks"
discount, price reduction, deduction(noun)the act of reducing the selling price of merchandise
something that is or may be subtractedcontestants get a deduction from their scores for every incorrect guess
the act or an instance of taking away from a totalthe deduction of the amount awarded to the plaintiff in order to pay the legal fees
an opinion arrived at through a process of reasoninghis impressive deduction of the correct answer from only a few hints
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