Deduction vs Deficit - What's the difference?
deduction | deficit |
That which is deducted; that which is subtracted or removed
A sum that can be removed from tax calculations; something that is written off
(logic) A process of reasoning that moves from the general to the specific, in which a conclusion follows necessarily from the premises presented, so that the conclusion cannot be false if the premises are true.
A conclusion; that which is deduced, concluded or figured out
The ability or skill to deduce or figure out; the power of reason
Deficiency in amount or quality; a falling short; lack.
A situation wherein, or amount whereby, spending exceeds government revenue.
* 2013 September 28, , "
*
As nouns the difference between deduction and deficit
is that deduction is deduction (all meanings) while deficit is deficit.deduction
English
Noun
(en noun)- You might want to donate the old junk and just take the deduction .
- He arrived at the deduction that the butler didn't do it.
- Through his powers of deduction , he realized that the plan would never work.
deficit
English
Noun
(en noun)London Is Special, but Not That Special," New York Times (retrieved 28 September 2013):
- Economically, too, London is startlingly different. The capital, unlike the country as a whole, has no budget deficit : London’s public spending matches the taxes paid in the city. The average Londoner contributes 70 percent more to Britain’s national income than people in the rest of the country.