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abatements

Example Sentences

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

From MarketWatch • Jul. 8, 2026

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

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

From these abatements originates the expression—“He has a blot in his scutcheon.”

From The Curiosities of Heraldry by Lower, Mark Antony

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