deduction

/dɪˈdʊkʃən/

That which is deducted; that which is subtracted or removed

A sum that can be removed from tax calculations; something that is written off

You might want to donate the old junk and just take the deduction.

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

He arrived at the deduction that the butler didn't do it.

The ability or skill to deduce or figure out; the power of reason

Through his powers of deduction, he realized that the plan would never work.

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