Derogation
Pronunciation : Der`o*ga"tion
Part of Speech : n.
Etymology : [L. derogatio: cf. F. d?rogation.]
Definition : 1. The act of derogating, partly repealing, or lessening in value; disparagement; detraction; depreciation; -- followed by of, from, or to. I hope it is no derogation to the Christian religion. Locke. He counted it no derogation of his manhood to be seen to weep. F. W. Robertson.
2. (Stock Exch.)
Defn: An alteration of, or subtraction from, a contract for a sale of stocks.
Source : Webster's Unabridged Dictionary, 1913