DEDUCTION Definition

Bookmark and Share

DEDUCTION is the act of deducting; subtraction. It is an amount that is or may be deducted, e.g. tax deductions.

Learn new Accounting Terms

AICPA is the American Institute [of] Certified Public Accountants.

SURETY BOND is a contract by which one party agrees to make payment on any default or the debt of another party.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.