1. (Noun) An amount deducted from full amount of price (typically from tax).
2. Process of reducing.
He applied for the abatement of the penalty.
A decrease or reduction in the amount of rent. An abatement of rent might be offered to a tenant when leased space cannot be occupied due to fire or flood damage.
1. The termination of a law suit. (abatement of action)
2. A reduction of a tax assessment.
3. The removal of a nuisance.
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