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TeachMeFinance.com - explain Abandoned Well Abandoned Well -- A well whose use has been permanently discontinued or which is in a state of such disrepair that it cannot be used for its intended purpose. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.