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Home > QFINANCE Dictionary > Definition of abatement

Definition of

abatement

Finance

decrease in debt obligation a reduction in an amount of a liability, for example, in the amount of a person's debts, or in a company's costs of paying employee benefits

Definitions of ’abatement’ and meaning of ’abatement’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’abatement’ and other financial terms with our online QFINANCE Financial Dictionary.

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