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diminishing returns
–noun
| 1. | any rate of profit, production, benefits, etc., that beyond a certain point fails to increase proportionately with added investment, effort, or skill. |
| 2. | Also called law of diminishing returns. Economics. the fact, often stated as a law or principle, that when any factor of production, as labor, is increased while other factors, as capital and land, are held constant in amount, the output per unit of the variable factor will eventually diminish. |
[Origin: 1805–15
]
] | Dictionary.com Unabridged (v 1.1) Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006. |
Diminishing returns
To learn more about Diminishing returns visit Britannica.com
| © 2008 Encyclopædia Britannica, Inc. |
| di·min·ish·ing returns (dĭ-mĭn'ĭ-shĭng)
pl.n. A yield rate that after a certain point fails to increase proportionately to additional outlays of capital or investments of time and labor. |
| The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2006 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
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