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Diminishing means becoming smaller and smaller. While diminishing pain is a good thing, diminishing returns on your investment is not so welcome. The law of diminishing returns refers to the tendency at a certain point for continued effort in an area to begin producing a smaller and smaller result.
The definition of a diminution is a reduction in size or a reduction in the importance of someone or something. When you are demoted from President of the company to assistant manager, this is an example of a diminution. diminution. diminution.