diluted

adjective

di·lut·ed | \ dī-ˈlü-təd

, də- \

Definition of diluted

1 : weakened or thinned by or as if by having been mixed with something else (such as water) diluted wine/paint/bleach Just be sure not to confuse peppermint oil, which is concentrated and thus far more potent, with peppermint extract, a diluted mixture that contains approximately 20% peppermint oil.— Kim Steckler The most common method of skin testing is the scratch test, where a diluted amount of the allergen is applied to a scratch on the back or arm.— Jeanie Wilson … the diluted light of a north European summer …— Jean McNeil … his photos capture urban landscapes with muted slightly diluted colours that have a gritty appeal.— Liora Ipsum … wielding diluted power in a deadlocked government in a tiny state …— Anne Barnard

2 of common stock : having a decreased per share value due to an increase in the total number of shares Diluted shares can be tricky to calculate, especially when it comes to stock options, which are the most common obligation to issue shares that companies face. — Fool.com