Socialite with appeal makes deduction (5)
I believe the answer is:
debit
'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" .)