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abatements

  • plural
    of abatement.
    abatement
    noun
    the act or state of abating or the state of being abated; reduction; decrease; alleviation; mitigation.

Example Sentences

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On Wednesday, Nevada’s Democratic candidate for governor, Aaron Ford, pledged to end tax abatements for new data centers.

From The Wall Street Journal ● Aug. 21, 2026

In the 2025 fiscal year, the IRS granted first-time penalty abatements to nearly 220,000 taxpayers, Collins said.

From MarketWatch ● Jul. 8, 2026

Water Street in lower Manhattan has been a popular area for the makeovers, earning it the nickname "Conversion Alley," with buildings offering a mix of luxury and affordably-priced apartments to qualify for municipal abatements.

From Barron's ● Jun. 14, 2026

What Chicago offered, however, were tax abatements and other benefits worth $60 million.

From Los Angeles Times ● Sep. 10, 2024

To guard against undue taxation, "exemptions and abatements" were stipulated for; but the "predominant partner" has long since dishonoured that part of the contract, and the weaker side has no power to enforce it.

From Ulster's Stand For Union by Ronald John McNeill

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