abatement

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 such legacies are payable are not sufficient to pay them in full. Uniform Probate Code, No. 3-902.
See ademption as to specific legacies and devises.
Nuisance. See nuisance.
Plea in abatement. See plea
- plea in abatement.
Taxes.
Diminution or decrease in the amount of tax imposed. Abatement of taxes relieves property of its share of the burdens of taxation after the assessment has been made and the tax levied. Sheppard v. Hidalgo County, 126 Tex. 550, 83 S.W.2d 649, 657

Black's law dictionary. . 1990.

Игры ⚽ Нужно сделать НИР?
Synonyms:

Look at other dictionaries:

  • 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

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”