| / English Dictionary |
BUSINESS DEDUCTION
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
Tax write-off for expenses of doing business
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("business deduction" is a kind of...):
deduction; tax deduction; tax write-off (a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket)
Hyponyms (each of the following is a kind of "business deduction"):
entertainment deduction (deduction allowed for some (limited) kinds of entertainment for business purposes)
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