Difference between revisions of "Abatement (shipping)"

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An '''abatement''' is a [[discount]] allowed for [[damage]] or [[overcharge]] in the payment of a [[bill]].<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/]</ref>
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==References==
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[[Category:Shipping Terms]]

Revision as of 15:44, September 13, 2011

An abatement is a discount allowed for damage or overcharge in the payment of a bill.[1]

References

  1. U.S. Department of Transportation Maritime Administration [1]