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abstraction

mastery

UK /əbˈstɹæk.ʃn̩/ US /æbˈstɹæk.ʃn̩/noun

card 1 of 10 · context meaning

What does 'abstraction' mean in this sentence?

The cancelling of the debt would be no destruction of wealth, but a transfer of it: a wrongful abstraction of wealth from certain members of the community, for the profit of the government, or of the tax-payers.