Abandon - Definition

Here Maturity or expiry Option is not considered. Abandonment occurred when the property Owner is facing loss by expiry.

It is generally related to insurance contract, where in some situation property owner is allowed to abandon loss or damage and still enjoys the full Settlement Amount. For instance the repairing or recovering of the property is more than its original value it can be abandoned.

Terms near "Abandon"

Abandonment option
ABC Agreement
ABC Consumer comfort index-United States
Ability to pay
Above par
Absolute advantage
Absolute priority rule
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