Diminution vs Depreciation - What's the difference?
diminution | depreciation | Related terms |
A lessening, decrease or reduction.
(music) The shortening of the notes of a melody or theme.
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.
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)- The new emission standards have produced a measurable diminution in air pollution.
