abatement

Definition 1

Commerce: Reduction in the amount of a bill or charge such as demurrage, overtime penalty, or rent.

Definition 2

Environment: Elimination or reduction of polluting or hazardous substances (such as asbestos) by either removing them completely or lessening their effect through better waste management.

Definition 3

Legal: Suspension of a court action, or bringing it to a close before the final decision.

Definition 4

Taxation: Rebate given in levies or taxes under special circumstances, such as in aftermath of natural disasters.


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