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Deduction

usgb/dɪˈdʌkʃn/Volume
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Financial ContextPlay
Deduction is often used when talking about financial situations, like taxes or paychecks. SlideAfter all the deductions, my take-home pay is much less.
LampPro Tip 2/3
Not Always MoneyPlay
Though common in finance, 'deduction' can refer to the reduction of other things, too. SlideI got a deduction in points for late assignment submission.
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Negative ConnotationPlay
'Deduction' often implies that something is being taken away or reduced. SlideA deduction in quality was noticed after the budget cuts.