abatement

Definition

noun
  1. the legal right to remove or stop a nuisance once a reasonable period of notice has been given to the wrongdoer
  2. the reduction of a legacy when the deceased person has not left enough money to pay it in full
  3. the reduction or removal of a debt when a person has failed to leave enough money to cover a legacy in full.
    Related tax abatement
Pronounciation /əˈbeɪtmənt/
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