Diminution Of Value



The idea that a vehicle loses value after it has been damaged in an accident and repaired.



"Diminution Of Value" In Context

"Paul Brain, investment leader for fixed income at Newton*, adds: "Accepting more risk in volatility terms does not mean holding a portfolio that is more risky in the traditional sense of permanent diminution of value. Newton's equity and fixed income ..."

This Insurance Word is available for Sponsorship Sponsor this Definition Today.


Insurance Resources

Auto Insurance Quotes