abatement
noun
the act or state of abating or the state of being abated; reduction; decrease; alleviation; mitigation.
abatements
-
pluralof abatement.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
When cities reduce direct cash contributions, owners typically ask for something else, like favorable land deals at below-market prices, tax abatements, new highway ramps and infrastructure built at public expense, sanitation and security services.
From The Wall Street Journal ● Jul. 8, 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
In 2001, Boeing moved its headquarters from Seattle, where it had been founded in 1916, to Chicago, prompted largely by tens of millions of dollars in tax abatements and other benefits.
From Los Angeles Times ● Apr. 17, 2025
After the Consolidating Act of 1817 the annual taxation fell to about five millions, abatements and exemptions being made every year.
From Ireland and the Home Rule Movement by Michael F. J. McDonnell
