abandonment

abandonment noun 1.act of giving something up voluntarily (such as the right to a property) 放弃(货物的所有权或商品的生产权等) 2. (insurance)giving up ownership (e.g.， a ship Or cargo)in exchange for an insurance payment，especially when the cost of repair is greater than the total value of the item 委付，放弃(船只或货物所有权已取得保险赔偿，尤其在修理费超过该物总值时) o After the storm the shipowners decided on