"deduction" in the noun sense
1. tax write-off, tax deduction, deduction
a reduction in the gross amount on which a tax is calculated reduces taxes by the percentage fixed for the taxpayer's income bracket
2. deduction, discount
an amount or percentage deducted
3. deduction, entailment, implication
something that is inferred (deduced or entailed or implied
"his resignation had political implications"
4. deduction, deductive reasoning, synthesis
reasoning from the general to the particular (or from cause to effect)
5. subtraction, deduction
the act of subtracting (removing a part from the whole
"he complained about the subtraction of money from their paychecks"
6. discount, price reduction, deduction
the act of reducing the selling price of merchandise
Source: WordNet® (An amazing lexical database of English)
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