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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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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

Here we give Mr. Moore full credit for all his abatements in regard to Lord Byron’s excesses in his early days. 

From Lady Byron Vindicated A history of the Byron controversy from its beginning in 1816 to the present time by Harriet Beecher Stowe

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