wasting asset - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “wasting asset”

wasting asset

noun [C]
 
 
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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