wasting asset Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “wasting asset” in the English Dictionary

"wasting asset" in Business English

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wasting assetnoun [C]

uk   us   ACCOUNTING, FINANCE
an asset, such as an investment or a piece of equipment, that will continue to lose value over time: Property leases with less than 50 years to run are seen as wasting assets.
(Definition of wasting asset from the Cambridge Business English Dictionary © Cambridge University Press)
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