Abandon
v. t.) To relinquish all claim to; -- used when an insured person gives up to underwriters all claim to the property covered by a policy, which may remain after loss or damage by a peril insured against.
v. t.) To relinquish all claim to; -- used when an insured person gives up to underwriters all claim to the property covered by a policy, which may remain after loss or damage by a peril insured against.