business deduction 1
noundomain: possession
Princeton WordNet [ver.3.1]
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EnglishDefinition
tax write-off for expenses of doing business
Hypernym
tax write-off 1
noun
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
EnglishHyponym
deduction allowed for some (limited) kinds of entertainment for business purposes
