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Deduction and Decrease

noun

  • A reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket.
  • An amount or percentage deducted.
  • Something that is inferred (deduced or entailed or implied. )
    • usage: "his resignation had political implications"
  • Reasoning from the general to the particular (or from cause to effect.
  • The act of subtracting (removing a part from the whole. )
    • usage: "he complained about the subtraction of money from their paychecks"
  • The act of reducing the selling price of merchandise.

Deduction is an expense that is allowable as a reduction of gross taxable income by the IRS e. G., charity donations.

noun

  • A change downward.
    • usage: "there was a decrease in his temperature as the fever subsided"; "there was a sharp drop-off in sales"
  • A process of becoming smaller or shorter.
  • The amount by which something decreases.
  • The act of decreasing or reducing something.

verb

  • Decrease in size, extent, or range.
    • usage: "The amount of homework decreased towards the end of the semester"; "The cabin pressure fell dramatically"; "her weight fell to under a hundred pounds"; "his voice fell to a whisper"
  • Make smaller.
    • usage: "He decreased his staff"