AFinance abandonment by economypedia August 17, 2022 written by economypedia The action of relinquishing all title,rights of claims to an asset or property completely and intentionally by the legally owner to a next owner.The abonnement could be with the tangible assets for example:Real estate.Machinery.Stock.Bonds.And for the intangible assets such as:Patents.Trademarks.Franchises.Goodwill.Copyrights.Elements of Abandonment1. Act- abandonment must be done actually, through physical manifestations and not merely verbal or mental.2. Intention- the intention to abandon must be present. It must be voluntary and not forced. August 17, 2022 0 comment 0 FacebookTwitterPinterestEmail