Plural of abatement; reductions in intensity, amount, or legal standing, or legal allowances that reduce a tax or penalty.
From 'abatement' (the act or result of abating) + '-s' (plural). 'Abatement' comes from 'abate' + '-ment' (a state or result), with roots in Old French.
In legal and tax contexts, 'abatements' are incredibly important—they're official reductions granted for valid reasons, like tax abatements for green buildings or pollution abatements required by law. They're the difference between what you owe and what you actually pay.
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