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abatement
Значение термина abatement в knolik
abatement - Abatement (late Lat. abattere, to beat down)
abatement - Term used in English law in three senses, (a) Of legacies, where, if the legacies bequeathed by a will would not leave enough money to pay the testator's debts, the legatees are required to give up part or, if necessary, all their legacies to make up the amount. If a testator dies and leaves £5,000; bequeaths £1,000 to X, and £500 to Y, and the residue to Z, and his debts are £4,000, Z gets nothing; X's legacy is abated by £333 6s. 8d., and Y's by £166 13s. 4d., being the proportion of their legacies to the £500 required, (b) Of purchase-money, where the vendor of land over-represents the quantity he has to sell. The purchaser can hold him to his bargain with an abatement of the purchase-money. (c) Of legal proceedings brought to an end without any decision being arrived at, in which case they are said to be abated.
Рядом со словом abatement в knolik
| abased | В начало буква "" буквосочетание "" | abatement |
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