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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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Local governments have also offered property-tax abatements to attract the centers, which in the long run can generate revenue to fund schools and police departments.

From The Wall Street Journal ● Sep. 9, 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

See Metayer, Temple: loans to tenants, 211 risks, 48, 46 Landmarks, inviolable, not to be encroached upon, 191 Lease, tenancy, tenant, farm: abatements for losses by flood, etc.,

From Babylonian and Assyrian Laws, Contracts and Letters by C. H. W. (Claude Hermann Walter) Johns

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