Abatement
In general, a decrease in the amount of taxation faced by an individual or company.

Investopedia Says:
Examples of an abatement include a tax decrease, a reduction in penalties, or a rebate.

Related Terms:
Abatement Cost
Deduction
Double Taxing
Tax Credit

• Securities And Exchange Board Of India (SEBI)
• Securities And Exchange Board Of India (SEBI)
• Securities And Exchange Commission (SEC)
• Securities And Exchange Commission (SEC)
• Securities Exchange Act Of 1934
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• Security Market Line (SML)
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• Seigniorage