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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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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

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

From Los Angeles Times ● Sep. 10, 2024

With all abatements, however, the comedy of "Every Man in his Humor" is a remarkable effort, considered as the production of a young man of twenty-three.

From The Atlantic Monthly, Volume 20, No. 120, October, 1867. by Various

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