abatement

abatement
noun Date: 14th century 1. the act or process of abating ; the state of being abated 2. an amount abated; especially a deduction from the full amount of a tax

New Collegiate Dictionary. 2001.

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  • abatement — abate·ment /ə bāt mənt/ n 1: the act or process of abating or the state of being abated challenged the abatement of her bequest abatement of a private nuisance by self help W. L. Prosser and W. P. Keeton 2: an amount abated …   Law dictionary

  • Abatement — may refer to:*Abatement of debts and legacies, a common law doctrine of wills that holds that when the equitable assets of a deceased person are not sufficient to satisfy fully all the creditors, their debts must abate proportionately, and they… …   Wikipedia

  • Abatement — A*bate ment ( ment), n. [OF. abatement, F. abattement.] 1. The act of abating, or the state of being abated; a lessening, diminution, or reduction; removal or putting an end to; as, the abatement of a nuisance is the suppression thereof. [1913… …   The Collaborative International Dictionary of English

  • abatement — (n.) mid 14c., from O.Fr. abatement, from abattre (see ABATE (Cf. abate)) …   Etymology dictionary

  • abatement — *deduction, rebate, discount Antonyms: addition Contrasted words: increment, accretion, accession (see ADDITION): increase, augmentation, enlargement (see corresponding verbs at INCREASE) …   New Dictionary of Synonyms

  • abatement — [ə bāt′mənt] n. [OFr: see ABATE] 1. a lessening or reduction 2. an amount deducted; extent of a reduction 3. Law the termination of a suit, quashing of a nuisance, etc …   English World dictionary

  • abatement — abate a‧bate [əˈbeɪt] verb [intransitive, transitive] formal to become less strong or damaging, or to make something do this: • The level of wage settlements has shown no signs of abating in recent months. abatement noun [uncountable] …   Financial and business terms

  • abatement — /euh bayt meuhnt/, n. 1. the act or state of abating or the state of being abated; reduction; decrease; alleviation; mitigation. 2. suppression or termination: abatement of a nuisance; noise abatement. 3. an amount deducted or subtracted, as from …   Universalium

  • Abatement — A reduction in the level of taxation faced by an individual or company. Examples of an abatement include a tax decrease, a reduction in penalties or a rebate. If an individual or business overpays its taxes or receives a tax bill that is too high …   Investment dictionary

  • abatement — A reduction, a decrease, or a diminution. The suspension or cessation, in whole or in part, of a continuing charge, such as rent. Legacies. A proportional diminution or reduction of the pecuniary legacies, when the funds or assets out of which… …   Black's law dictionary

  • abatement — A reduction, a decrease, or a diminution. The suspension or cessation, in whole or in part, of a continuing charge, such as rent. Legacies. A proportional diminution or reduction of the pecuniary legacies, when the funds or assets out of which… …   Black's law dictionary

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