Abatement

Quick meaning: Abatement is a noun meaning (accounting) The deduction of minor revenues incidental to an operation in calculating the cost of the operation.

Meaning

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

More Meanings

1. (law) The reduction of the proceeds of a will, when the debts have not yet been satisfied; the reduction of taxes due.
2. An amount abated; that which is taken away by way of reduction; deduction; decrease; a rebate or discount allowed; in particular from a tax.
3. (heraldry) A mark of dishonor on an escutcheon; any figure added to the coat of arms tending to lower the dignity or station of the bearer.
4. (Scotland) Waste of stuff in preparing to size.
5. A beating down, a putting down.
6. 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.
7. (law) 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.

Example Sentences

The abatement of a nuisance is the suppression thereof.

For quotations using this term, see Citations:abatement.

Word Forms

• abatements

Synonyms for abatement

Depending on context, synonyms include assuagement, declension, decline, decrease, deduction, depreciation.

Antonyms for abatement

Common opposites include accession, accretion, aggrandizement, augmentation, development, dilation.

Related Words

Related dictionary entries include respite, hiatus, suspension, reprieve, reduce, suppression.

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