Diminution In Value

Business, Legal & Accounting Glossary

Definition: Diminution In Value




What is the dictionary definition of Diminution In Value?

Dictionary Definition


n. in the event of a breach of contract, the decrease in value of property due to the failure to construct something exactly as specified in the contract.


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https://payrollheaven.com/define/diminution-in-value/
Modern Language Association (MLA):
Diminution In Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 27, 2021 https://payrollheaven.com/define/diminution-in-value/.
Chicago Manual of Style (CMS):
Diminution In Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/diminution-in-value/ (accessed: September 27, 2021).
American Psychological Association (APA):
Diminution In Value. PayrollHeaven.com. Retrieved September 27, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/diminution-in-value/

Definition Sources


Definitions for Diminution In Value are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th April, 2020 | 1 Views.