No, abey is not in the scrabble dictionary.
What is Abey?
verb. To put in abeyance, suspend; to put aside.
Is held in abeyance?
An abeyance order is a court order declaring that the legal right to property or claim is held in abeyance, or temporarily placed on hold until matters are resolved. ... As a result, the order may be held in abeyance until a suitable advertising slot opens up.