Deductions

To subtract or reduce, usually from a debt or liability. An example is when you write off something from your taxes.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser

Next Terms: Deed, Deed of Conveyance, Defective contract, Deferred account, Deferred Payment, Deferred Tax Asset, Deficit Spending, Del Credere Agent, Delinquency, Delivered at Frontier

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