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Wasting asset

• 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.

• Is a derivative instrument that may expire worthless after a stated time or event. Options, Rights, and Warrants are three wasting assets.

 
 

Follow this link for all the terms related to asset.

 
 Embedded terms in definition
 Assets
Asset
Depletion
Derivative
Event
Options
Rights
Time
 
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