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What is a deduction?

What is a deduction? Here are some definitions.

Noun
  1. That which is deducted; that which is subtracted or removed
  2. A sum that can be removed from tax calculations; something that is written off
  3. (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.
  4. A conclusion; that which is deduced, concluded or figured out
  5. The ability or skill to deduce or figure out; the power of reason
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Examples
The cost of these items are a private expense and thus not an allowable deduction.
He said the excess water deduction on members' salary advices was recently amended.
That deduction came about because Brodie had been harshly adjudged to have been at fault for an accidental head-clash in the opening seconds.
For one thing, it helps to explain how we come to know things via deduction.
Generally, no tax deduction is allowable in the case of travel between home and work.
A points deduction, meanwhile, is an unlikely outcome, although Wenger reacted witheringly to the possibility.

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