ABATEMENT Definition

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ABATEMENT, in general, is the reduction or lessening. In law, it is the termination or suspension of a lawsuit. For example, an abatement of taxes is a tax decrease or rebate.

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SHARE PREMIUM is the difference between the higher price paid for a share of stock and the stocks par value when issued.

CAP is a series of European interest rate call options used to protect against rate moves above a set strike level.

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