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Home > QFINANCE Dictionary > Definition of wasting asset

Definition of

wasting asset

Accounting

asset that is consumed to earn income a fixed asset that is consumed or exhausted in the process of earning income, for example, a mine or a quarry

Definitions of ’wasting asset’ and meaning of ’wasting asset’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’wasting asset’ and other financial terms with our online QFINANCE Financial Dictionary.

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