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write-off vs deduction

deduction vs write-off

write-off and deduction both are nouns.

Word NounAdjectiveVerbAdverb
write-off Yes No No No
deduction Yes No No No
As nouns, deduction is a hyponym of write-off; that is, deduction is a word with a more specific, narrower meaning than write-off:
  • write-off: (accounting) reduction in the book value of an asset
  • 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
Other hyponyms of write-off include tax deduction, tax write-off.
write-off (noun) deduction (noun)
the act of cancelling from an account a bad debt or a worthless asset the act of subtracting (removing a part from the whole)
(accounting) reduction in the book value of an asset 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
Difference between write-off and deduction

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