deduction

noun

1. 1

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

   he complained about the subtraction of money from their paychecks

2. 2

   the act of reducing the selling price of merchandise

3. 3

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

4. 4

   something that is inferred (deduced or entailed or implied)

   his resignation had political implications

5. 5

   an amount or percentage deducted

6. 6

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