WordCmp.com

deduction vs write-off

write-off vs deduction

deduction and write-off both are nouns.

Word NounAdjectiveVerbAdverb
deduction Yes No No No
write-off Yes No No No
As nouns, write-off is a hypernym of deduction; that is, write-off is a word with a broader meaning than deduction:
  • deduction: a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
  • write-off: (accounting) reduction in the book value of an asset
Other hypernyms of deduction include write-down.
deduction (noun) write-off (noun)
the act of subtracting (removing a part from the whole) the act of cancelling from an account a bad debt or a worthless asset
the act of reducing the selling price of merchandise (accounting) reduction in the book value of an asset
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
Difference between deduction and write-off

© WordCmp.com 2024, CC-BY 4.0 / CC-BY-SA 3.0.