BUSINESS DEDUCTION

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does business deduction mean? 

• BUSINESS DEDUCTION (noun)
  The noun BUSINESS DEDUCTION has 1 sense:

1. tax write-off for expenses of doing business

  Familiarity information: BUSINESS DEDUCTION used as a noun is very rare.

 Dictionary entry details 

• BUSINESS DEDUCTION (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)