Usually means: Reduction in an asset's worth.
Definitions Related words Mentions
We found 9 dictionaries that define the word diminution in value:

General (2 matching dictionaries)
  1. diminution in value: Dictionary.com
  2. Diminution in value: Wikipedia, the Free Encyclopedia

Business (7 matching dictionaries)
  1. diminution in value: Merriam-Webster Legal Dictionary
  2. diminution in value: Law.com Dictionary
  3. Everybody's Legal Dictionary (No longer online)
  4. Glossary of Legal Terms (No longer online)
  5. Construction Term Glossary (No longer online)
  6. diminution in value, Diminution in value: Legal dictionary

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Definitions from Wikipedia (Diminution in value)

▸ noun:  a legal term of art used when calculating damages in a legal dispute, and describes a measure of value lost due to a circumstance or set of circumstances that caused the loss.


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