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The reduction or abatement of rent owed to a landlord as a result of a tenant not receiving an essential item that is the responsibility of the landlord to provide under the lease or for an expenditure made by the tenant in order to remedy the failure of the landlord to provide required and essential item as contained within the lease. For example, a tenant who buys a heater in … [Read more...] about ABATEMENT OF RENT

The act of forestalling a market by buying up at wholesale the merchandise intended to be sold there, for the purpose of selling it at retail. See Fobestalling. … [Read more...] about ABBROCHMENT, or ABBROACHMENT

Latin: By or from an unwilling party. A transfer ab invito is a compulsory transfer. … [Read more...] about AB INVITO

This is a situation where a trademark or service mark owner of a trademark does not use the mark or fails to prosecute unauthorized use by third parties for an extended period of time. A trademark or service mark that is considered abandoned results in the owner losing exclusive rights to the trademark or service mark. … [Read more...] about ABANDONMENT (OF TRADEMARK)

A reduction in the amount of tax owed. … [Read more...] about ABATEMENT OF TAXES