Deduction: meaning, definitions and examples
๐ธ
deduction
[dษชหdสkสษn ]
Definitions
financial
The action of deducting or subtracting something. In financial terms, it refers to the amount of money taken out or subtracted from a person's salary, wages, or other income.
Synonyms
discount, reduction, subtraction.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
deduction |
Used in formal contexts such as finance, accounting, or payroll, referring to the amount taken away from a total, often relating to taxes or expenses.
|
subtraction |
Primarily used in mathematical contexts to refer to the process of taking one number away from another.
|
discount |
Commonly used in retail or sales context to mean a reduction in the price usually to attract customers or during sales events.
|
reduction |
A general term used in various contexts to indicate a decrease or lessening of something in quantity, size, or degree.
|
Examples of usage
- The deduction for taxes was automatically taken out of my paycheck.
- She claimed a deduction for her home office expenses on her tax return.
logic
The process of reasoning in which a conclusion follows necessarily from the premises presented. It is a method of drawing conclusions based on logical rules and evidence.
Synonyms
conclusion, inference, reasoning.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
deduction |
Used when talking about concluding something based on logic or evidence, often in scientific or detective contexts.
|
inference |
Used to describe a conclusion drawn from evidence or reasoning, often when the evidence is not direct.
|
conclusion |
General term for the final part of something, or the end result after considering information. It can be used in various contexts such as academic, professional, or casual conversations.
|
reasoning |
Refers to the process of thinking about something in a logical way, often used in philosophical or academic contexts.
|
Examples of usage
- In deductive reasoning, if the premises are true, the conclusion must be true.
- The detective used deduction to solve the mystery.
insurance
The amount an insurance company will pay for a covered loss after the policyholder has paid the deductible. It is the portion of the claim that is not covered by the insurance company.
Synonyms
excess, out-of-pocket, surplus.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
deduction |
This can also be used in logical reasoning to denote the process of reaching a conclusion based on available evidence.
|
excess |
This is appropriate when talking about an amount that is more than what is needed or usual.
|
surplus |
This word is best used when referring to an amount left over when requirements have been met, commonly in economics or budgeting.
|
out-of-pocket |
Use this term to describe expenses that a person pays directly, rather than being covered by insurance or another party.
|
Examples of usage
- The deductible for my car insurance is $500, so I have to pay that amount before the insurance kicks in.
- Make sure you understand your insurance deductible before filing a claim.
Translations
Translations of the word "deduction" in other languages:
๐ต๐น deduรงรฃo
๐ฎ๐ณ เคเคเฅเคคเฅ
๐ฉ๐ช Abzug
๐ฎ๐ฉ pengurangan
๐บ๐ฆ ะฒัะดัะฐั ัะฒะฐะฝะฝั
๐ต๐ฑ odliczenie
๐ฏ๐ต ๆง้ค
๐ซ๐ท dรฉduction
๐ช๐ธ deducciรณn
๐น๐ท kesinti
๐ฐ๐ท ๊ณต์
๐ธ๐ฆ ุงูุฎุตู
๐จ๐ฟ odpoฤet
๐ธ๐ฐ odpoฤรญtanie
๐จ๐ณ ๆฃ้ค
๐ธ๐ฎ odtegljaj
๐ฎ๐ธ frรกdrรกttur
๐ฐ๐ฟ ัะตะณะตัั
๐ฌ๐ช แแแแแแแแแ
๐ฆ๐ฟ รงฤฑxarma
๐ฒ๐ฝ deducciรณn
Etymology
The word 'deduction' originated from the Latin word 'deductio', which means 'a leading down'. The term has been used in various contexts throughout history, including finance, logic, and insurance. Its modern usage reflects the concept of subtracting or reasoning to reach a conclusion.
See also: deductible, deductive.
Word Frequency Rank
With rank #4,156, this word represents useful upper-intermediate vocabulary. Understanding and using it will help you express more complex ideas effectively.
- ...
- 4153 accumulation
- 4154 divorce
- 4155 cultivated
- 4156 deduction
- 4157 tremendous
- 4158 cavity
- 4159 hitherto
- ...