Abandonment Clause

Business, Legal & Accounting Glossary

Definition: Abandonment Clause


Abandonment Clause


Full Definition of Abandonment Clause


A stipulation that prevents the claimant from abandoning salvageable property with the intent of claiming a total loss.


Cite Term


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https://payrollheaven.com/define/abandonment-clause/
Modern Language Association (MLA):
Abandonment Clause. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/abandonment-clause/.
Chicago Manual of Style (CMS):
Abandonment Clause. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/abandonment-clause/ (accessed: November 29, 2021).
American Psychological Association (APA):
Abandonment Clause. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/abandonment-clause/

Definition Sources


Definitions for Abandonment Clause 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: 20th November, 2021 | 0 Views.