Super Finance Glossary
Over 10,000 financial glossary terms...
Wasting Asset
Wasting Asset
Definition: An asset that has a limited life and thus decreases in value (depreciates) over time. Also applies to consumed assets, such as oil or gas, and termed "depletion."
Definition: An asset that has a limited life and thus decreases in value (depreciates) over time. Also applies to consumed assets, such as oil or gas, and termed "depletion."