Deduction vs Estimate - What's the difference?
deduction | estimate | Related terms |
That which is deducted; that which is subtracted or removed
A sum that can be removed from tax calculations; something that is written off
(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.
A conclusion; that which is deduced, concluded or figured out
The ability or skill to deduce or figure out; the power of reason
A rough calculation or guess.
(construction and business) A document (or verbal notification) specifying how much a job will probably cost.
* {{quote-book, year=1928, author=Lawrence R. Bourne
, title=Well Tackled!
, chapter=3 To calculate roughly, often from imperfect data.
* {{quote-book, year=1965, author=Ian Hacking, title=Logic of Statistical Inference, passage=I estimate that I need 400 board feet of lumber to complete a job, and then order 350 because I do not want a surplus, or perhaps order 450 because I do not want to make any subsequent orders.
* '>citation
To judge and form an opinion of the value of, from imperfect data.
* John Locke
* J. C. Shairp
Deduction is a related term of estimate.
As nouns the difference between deduction and estimate
is that deduction is deduction (all meanings) while estimate is a rough calculation or guess.As a verb estimate is
to calculate roughly, often from imperfect data.deduction
English
Noun
(en noun)- You might want to donate the old junk and just take the deduction .
- He arrived at the deduction that the butler didn't do it.
- Through his powers of deduction , he realized that the plan would never work.
estimate
English
Alternative forms
* (archaic)Noun
(en noun)citation, passage=“They know our boats will stand up to their work,” said Willison, “and that counts for a good deal. A low estimate from us doesn't mean scamped work, but just that we want to keep the yard busy over a slack time.”}}
Synonyms
* estimation * appraisalDerived terms
* ballpark estimateVerb
citation
- It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them.
- It is always very difficult to estimate the age in which you are living.