write-off vs tax deduction

write-off and tax deduction both are nouns.

Word	Noun	Adjective	Verb	Adverb
write-off	Yes	No	No	No
tax deduction	Yes	No	No	No

As nouns, tax deduction is a hyponym of write-off; that is, tax deduction is a word with a more specific, narrower meaning than write-off:

write-off: (accounting) reduction in the book value of an asset
tax 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 deduction, tax write-off.

write-off (noun)	tax deduction (noun)
the act of cancelling from an account a bad debt or a worthless asset	a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
(accounting) reduction in the book value of an asset

write-off vs tax deduction

write-off and tax deduction both are nouns.

Words related to "write-off"

Words related to "tax deduction"