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Diminution vs Depreciation - What's the difference?

diminution | depreciation | Related terms |

As nouns the difference between diminution and depreciation

is that diminution is a lessening, decrease or reduction while depreciation is the state of being depreciated.

diminution

English

Noun

(en noun)
  • A lessening, decrease or reduction.
  • The new emission standards have produced a measurable diminution in air pollution.
  • (music) The shortening of the notes of a melody or theme.
  • Synonyms

    * diminishment

    depreciation

    English

    Noun

  • The state of being depreciated.
  • The decline in value of assets.
  • (accounting) The measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets.