abatement

UK /əˈbeɪt.mənt/ US /əˈbeɪt.mənt/
noun 5

Definitions

noun

1

The act of abating, or the state of being abated; a lessening, diminution, or reduction; a moderation; removal or putting an end to; the suppression.

The abatement of a nuisance is the suppression thereof.

2

The deduction of minor revenues incidental to an operation in calculating the cost of the operation.

3

The action of a person that abates, or without proper authority enters a residence after the death of the owner and before the heir takes possession.

4

The reduction of the proceeds of a will, when the debts have not yet been satisfied; the reduction of taxes due.

5

An amount abated; that which is taken away by way of reduction; deduction; decrease; a rebate or discount allowed; in particular from a tax.

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