1. A reduced or lower rate of charge, payment, or cost compared to the standard or regular rate
The hotel offered a diminished rate for guests staying longer than one week.
O hotel ofereceu uma taxa reduzida para hóspedes que ficassem mais de uma semana.
2. In commerce and service industries, a decreased price or fee applied under specific conditions or circumstances
Students are eligible for a diminished rate on public transportation.
Estudantes são elegíveis para uma taxa reduzida no transporte público.