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diminution in value

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diminution in value 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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Is there any other financial organization, or any individual, that can say they endured only a 5% diminution in value in 2008?
[FIGURE 2 OMITTED] Unimpaired Valuation A diminution in value study is often expressed as a percentage of the baseline, unimpaired value, or the value without the incremental condition.
People don't yet appreciate the diminution in value that their portfolios have suffered," says Darren J.
 
 
 
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