BATEMENT Meaning and
Definition
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A batement is a legal term that refers to a reduction or decrease in something, particularly in relation to a debt or obligation. It is often used in the context of taxes or real estate.
In tax law, a batement is a reduction in the amount of tax owed, usually granted by the government as a relief or incentive. It can be applied to various types of taxes, such as property tax, income tax, or sales tax. The purpose of a tax batement is to provide financial assistance or support to individuals, businesses, or organizations that meet specific criteria or qualify for certain exemptions.
In real estate, a batement can refer to a reduction in the value of a property. This can occur due to factors such as damage, obsolescence, or a change in the surrounding area. A property owner may petition for a batement to lower their property taxes based on the decreased value of the property.
Overall, a batement is a term used to describe a decrease or reduction in a debt, tax burden, or property value. It is a legal concept that aims to provide financial relief to individuals or entities, either through tax incentives or adjustments to property assessments.
Common Misspellings for BATEMENT
- vatement
- natement
- hatement
- gatement
- bztement
- bstement
- bwtement
- bqtement
- bafement
- bagement
- bayement
- ba6ement
- ba5ement
- batwment
- batsment
- batdment
- batrment
- bat4ment
- bat3ment
Similar spelling words for BATEMENT
- Bodement,
- Boitement,
- BATIMENT,
- bitumount,
- bitumenoid,
- piedmont-sardinia,
- Butment,
- Bituminate,
- battement,
- bodymind,
- sardinia-piedmont,
- piedmont,
- piedimonte,
- batement-light,
- bedamned,
- pediment,
- bituminoid.
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