Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
deduction | Yes | No | No | No |
tax benefit | Yes | No | No | No |
deduction (noun) | tax benefit (noun) |
---|---|
the act of subtracting (removing a part from the whole) | a tax deduction that is granted in order to encourage a particular type of commercial activity |
the act of reducing the selling price of merchandise | |
reasoning from the general to the particular (or from cause to effect) | |
something that is inferred (deduced or entailed or implied) | |
an amount or percentage deducted | |
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket |