deduction

noun

1. a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket

   noun.possession

   Synonyms tax deduction tax write-off

   Source: WordNet 3.0

2. an amount or percentage deducted

   noun.possession

   Synonyms discount

   Source: WordNet 3.0

3. something that is inferred (deduced or entailed or implied)

   noun.cognition

   Synonyms entailment implication

   Source: WordNet 3.0

4. reasoning from the general to the particular (or from cause to effect)

   noun.cognition

   Synonyms deductive reasoning synthesis

   Source: WordNet 3.0

5. the act of subtracting (removing a part from the whole)

   noun.act

   Synonyms subtraction

   Antonyms addition

   Source: WordNet 3.0

6. the act of reducing the selling price of merchandise

   noun.act

   Synonyms discount price reduction

   Source: WordNet 3.0

7. Act or process of deducing or inferring.

   noun

   Source: webster1913