the act of allowing | the act of subtracting (removing a part from the whole) |
a permissible difference; allowing some freedom to move within limits | the act of reducing the selling price of merchandise |
an amount allowed or granted (as during a given period) | reasoning from the general to the particular (or from cause to effect) |
an amount added or deducted on the basis of qualifying circumstances | something that is inferred (deduced or entailed or implied) |
a sum granted as reimbursement for expenses | an amount or percentage deducted |
a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets | a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket |