The Commens Dictionary
Quote from ‘Quantity’
A decrease of supposed information may have the effect of diminishing the depth of a term without increasing its information. This is often called abstraction; but it is far better to call it prescission; for the word abstraction is wanted as the designation of an even far more important procedure, whereby a transitive element of thought is made substantive, as in the grammatical change of an adjective into an abstract noun.
DPP 2:411; CP 2.364
‘Prescission’ (pub. 18.07.15-18:35). Quote in M. Bergman & S. Paavola (Eds.), The Commens Dictionary: Peirce's Terms in His Own Words. New Edition. Retrieved from http://www.commens.org/dictionary/entry/quote-quantity.