diminished

The effect can be diminished earnings or even losses on paper, despite there being no cash outflow when an option is granted.

Over the years, as newspapers’ fortunes diminished, the Post-Gazette became the dominant news source in Pittsburgh — absorbing its biggest rival, the Pittsburgh Press, in the early 1990s following a devastating strike there.

In recent years spin has played a diminished role in Tests in Australia, and Optus Stadium, the venue for the first Test against Australia starting on 21 November, is particularly suited to seam.

“The risk of these adverse scenarios materializing now seems to have diminished.”

The shareholders who financed the risk taking had no real understanding of what the risk takers were doing, and, as the risk taking grew ever more complex, their understanding diminished.