WASTING ASSET
What is it? An asset which has a limited life and thus, decreases in value (depreciates) over time. Also applied to consumed assets, such as gas, and termed depletion.Added By: Katherine
The WASTING ASSET definition has been viewed 43 Time(s)!
Send To Friends!
If you'd like to send the WASTING ASSET definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of WASTING ASSET. If you need any more information on this term, please don't hesitate to contact us.