Crossword Genius

Socialite with appeal makes deduction (5)

Ross

I believe the answer is:

debit

I'm a little stuck... Click here to teach me more about this clue!

'deduction' is the definition.
The answer and definition can be both related to property as well as being singular nouns.
Perhaps there's an association between them I don't understand?

'socialite with appeal' is the wordplay.
'socialite' becomes 'deb' (I have seen 'Young socialite ' mean 'deb' so perhaps 'socialite' could also mean 'deb').
'with' is a charade indicator (letters next to each other).
'appeal' becomes 'it' ('it' can mean something attractive or appealing).
'deb'+'it'='DEBIT'

'makes' acts as a link.

Can you help me to learn more?

(Other definitions for debit that I've seen before include "Opposite of credit" , "Accounting entry showing amount spent" , "Charge" , "Entry in account book of sum owed" , "Opposite of 23 across" .)

I've seen this clue in The Sun.
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