diminished value

USAGE SUMMARY

"diminished value" is a correct and usable phrase in written English.
It is typically used to describe something that has lost its worth, importance, or quality due to certain factors. Example: The car's accident history resulted in a diminished value, causing it to sell for a much lower price than expected.

✓ Grammatically correct

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

His lender said no, citing the diminished value of the property.

The New York Times

Care should be taken before ordering sale to avoid diminished value.

Cornell University

"The problem is that Metro has never had much value and the others have diminished value," he said.

The New York Times - Sports

If, as the Illinois Supreme Court apparently thought, that test must be rigorously applied in every case, anonymous tips would be of greatly diminished value in police work.

Cornell University

Despite favorable economic news on consumer prices and retail sales, the dollar's diminished value contributed to a bond selloff that pushed the 30-year Treasury yield to the highest level in three weeks.

The New York Times

But today, as organic reach evaporates, the high investment required to create unique content returns diminished value.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

But that threat is of diminishing value.

The New York Times

These traditional exports represent a diminishing value in overall trade.

Britannica

Particularly in recent years, however, Mr. Scherer said, "Rent regulation is having diminishing value".

The New York Times

The diminishing value of experience is, however, more than just a prejudice against wrinkling flesh.

The Guardian - Money

The huge charges reflect the diminishing value of both the plants and the vehicles they produce.

The New York Times

Expert writing Tips

Best practice

When discussing financial losses or asset depreciation, use "diminished value" to accurately describe the reduction in worth after damage or improper construction. Be clear about what caused the diminished value to avoid ambiguity.

Common error

Avoid using "diminished value" when describing something that has no value at all. "Diminished value" implies there was some initial worth that has since decreased, not a complete lack of value from the start.

Linguistic Context

The phrase "diminished value" functions primarily as a noun phrase, typically acting as the object of a verb or the subject of a sentence. It refers to the reduction in worth or importance of something, as confirmed by Ludwig AI.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Academia

30%

Science

10%

Less common in

Encyclopedias

10%

Formal & Business

10%

Social Media

0%

Ludwig's WRAP-UP

In summary, "diminished value" is a grammatically correct noun phrase denoting a reduction in worth, primarily used in neutral to formal contexts. Ludwig AI confirms its usability and correctness in written English. Common in news, academic, and business domains, it precisely describes decreases in asset value due to specific events or conditions. Related phrases include "reduced worth" and "lessened value". A key writing tip is to ensure the term is only used when a prior value existed and has since decreased, not to describe something that inherently lacks value.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reduced worth

Replaces "value" with the synonym "worth", slightly altering the tone.

lessened value

Substitutes "diminished" with "lessened", providing a more straightforward expression.

impaired value

Uses "impaired" to indicate a reduction in quality or effectiveness.

decreased worth

Employs "decreased" instead of "diminished", offering a more quantitative feel.

decline in value

Presents the concept as a process rather than a state.

erosion of value

Suggests a gradual loss of worth.

reduction in worth

Similar to 'decline in value' but emphasizes the action of reducing.

loss of value

Directly states that value has been lost.

weakened value

Indicates the value has become less strong or effective.

devalued asset

Focuses on the asset itself having lost value, rather than the abstract concept of value diminishing.

FAQs

How is "diminished value" typically used in a sentence?

"Diminished value" is often used to describe a reduction in an asset's worth due to damage, age, or market conditions. For example, "The car suffered "diminished value" after the accident".

What are some alternatives to the phrase "diminished value"?

Alternatives to "diminished value" include "reduced worth", "lessened value", or "impaired value". The best choice depends on the specific context.

Is there a legal or financial context where "diminished value" is commonly used?

Yes, "diminished value" is frequently used in insurance claims and property assessments, especially when determining compensation for damages or defects that reduce the resale price of an item. For instance, a car accident can cause "diminished value".

What's the difference between "depreciation" and "diminished value"?

"Depreciation" refers to the natural loss of value over time due to wear and tear, while "diminished value" specifically refers to a loss of value due to a specific event, such as damage or an accident. Depreciation is expected, but "diminished value" is event-driven.