Generally, the reduction of a sum of money owed: the abatement of a debt sum, especially also to the tax authority (tax abatement: the reduction [or even cancellation] of an assessed tax). – See abbassamento, abatement, bonus, discount, savings mark, remuneration.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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