Define: Abatement

UK Accounting Glossary

Definition: Abatement

Quick Summary of Abatement

Noun: the action of being abated or abating: subsiding or ending.

Law: the removal or reduction of a nuisance.

What is the dictionary definition of Abatement?

Dictionary Definition

To reduce the intensity, amount or degree of a given activity.

Abatement is also used to describe the reduction of the emission of pollutants in environmental economics.

Technical abatement is a term used when referring to measures which involve production activities of businesses, for example, an introduction of a new, or an amendment to an existing process or technology.

Behavioural abatement is the changing of behaviours of consumers, or the changing of lifestyles in the customers.

Full Definition of Abatement

1. Commerce: Reduction in the amount of a bill or charge such as de-murrage, overtime penalty, or rent.
2. Environment: Elimination or reduction of polluting or hazardous substances (such as asbestos) by either removing them completely or lessening their effect through better waste management.
3. Legal: Suspension of a court action, or bringing it to a close before the final decision.
4. Taxation: Rebate given in levies or taxes under special circumstances, such as in aftermath of natural disasters.

Examples of Abatement in a sentence

The question of the amount of individual incomes only comes before the authorities when claims for exemption and abatement are made.
The investor was able to secure a tax abatement for the grade 2 listed building, in exchange for promising to create affordable housing for disadvantaged members of the local community.

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):
Abatement. Payroll & Accounting Heaven Ltd. July 17, 2019
Chicago Manual of Style (CMS):
Abatement. Payroll & Accounting Heaven Ltd. (accessed: July 17, 2019).
American Psychological Association (APA):
Abatement. Retrieved July 17, 2019, from website:

Definition Sources

Definitions for Abatement are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th January 2019.