Usually means: Tax reduction for married couples.
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We found 15 dictionaries that define the word marital deduction:

General (2 matching dictionaries)
  1. marital deduction: Dictionary.com
  2. Marital deduction: Wikipedia, the Free Encyclopedia

Business (13 matching dictionaries)
  1. marital deduction: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. marital deduction: Law.com Dictionary
  4. Everybody's Legal Dictionary (No longer online)
  5. INVESTORWORDS (No longer online)
  6. Glossary of Legal Terms (No longer online)
  7. Marital deduction: Bloomberg Financial Glossary
  8. marital deduction: Finance-Glossary.com
  9. MSN Money (No longer online)
  10. Marital Deduction: Investopedia
  11. marital deduction: Legal dictionary
  12. marital deduction, Marital deduction: Financial dictionary

Definitions from Wikipedia (Marital deduction)

noun:  within tax law that allows a person to give assets to his or her spouse with reduced or no tax imposed upon the transfer.

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