Wasting Asset Meanings:
You can define Wasting Asset as, A lost asset is an item that has a limited useful life and its value deteriorates permanently over time. These assets can be in the form of vehicles and machines. In financial markets, however, the term refers to an option contract because the value of the contract decreases over time after purchase.
- Lost assets depreciate over time.
- Vehicles and machines are examples of lost assets.
- Agreements, oil wells or coal mines are other examples of lost assets.
- In financial markets, options are an unnecessary asset because the value of their time keeps falling to zero at the end.
Literal Meanings of Wasting Asset
Meanings of Wasting:
It weakens and thins a person or part of the body.
Meanings of Asset:
A useful or valuable thing, a person or a quality.
Sentences of Asset
Instant anxiety is your biggest asset.
Synonyms of Asset
blessing, strength, help, merit, attraction, selling point, benefit, forte, talent, attractive feature, gift, good point, long suit, bonus, resource, strong point, boon, value, virtue, beauty, aid, strong suit, advantage