Abandon

Business, Legal & Accounting Glossary

Definition: Abandon


Quick Summary of Abandon


To intentionally surrender one’s claim to, right to, or interest in; give up entirely. Used in situations where a tenant has left property in a residence and does not intend to return. The landlord can take over the abandoned residence but must store the property, providing notice to the tenant before selling the possessions that were left behind. Also can be used when support has not been provided to children for a year or more.



What is the dictionary definition of Abandon?

Dictionary Definition


Cease to support or look after (someone); desert.

  1. transitive, obsolete To subdue; to take control of.
  2. transitive To give up control of, to surrender or to give oneself over, or to yield to one’s emotions.
  3. transitive To desist in doing, practising, following, holding, or adhering to; to turn away from; to permit to lapse; to renounce; to discontinue.

Full Definition of Abandon


To intentionally and permanently give up, surrender, leave, desert or relinquish all interest or ownership in property, a home or other premises, a right of way, and even a spouse, family, or children. The word is often used in situations to determine whether a tenant has left his/her apartment and the property inside and does not intend to come back. Thus, a landlord can take over an apparently abandoned residence, but must store anything a tenant leaves behind and give notice to the tenant before selling the possessions which are left. To abandon children can mean to have no contact and give no support for a year or more.


Cite Term


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Page URL
https://payrollheaven.com/define/abandon/
Modern Language Association (MLA):
Abandon. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 01, 2020 https://payrollheaven.com/define/abandon/.
Chicago Manual of Style (CMS):
Abandon. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/abandon/ (accessed: December 01, 2020).
American Psychological Association (APA):
Abandon. PayrollHeaven.com. Retrieved December 01, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/abandon/

Definition Sources


Definitions for Abandon are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.