单词 | a deduction |
释义 | deductionDefinitions 1. Accounting: Business expenses or losses which are legally permitted to be subtracted from the gross revenue of a firm in computing its taxable income. 2. Logic: See deductive reasoning. 3. Taxation: Fixed amount or percentage permitted by taxation authorities that a tax payer can subtract from his or her adjusted gross income to arrive at the taxable income. Use 'deduction' in a SentenceMitzi was relieved to hear all employees at Flotsam & Jetsam would be receiving health coverage, but miffed when told it would result in yet another deduction from her weekly take home pay. I was doing my taxes and realized I have spent money in charitable ways so I decided to use a deduction. When the warehouse was flooded, and all the goods there lost, the company was able to take a deduction in their taxes for the cost of the goods lost. |
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