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Commens
Digital Companion to C. S. Peirce
‘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.
Term: 
Prescission
Quote: 

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.

Source: 
Peirce, C. S. (1902). Quantity. In J. M. Baldwin (Ed.), Dictionary of Philosophy and Psychology, Vol. II (pp. 410-412). New York: The MacMillan Company.
References: 
DPP 2:411; CP 2.364
Date of Quote: 
1902
URL: 

http://www.commens.org/dictionary/entry/quote-quantity