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

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
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.