Wasting Assets

Legal Definition and Related Resources of Wasting Assets

Meaning of Wasting Assets

These are assets of a wasting character such as leaseholds. Also, property that is perishable.

Related Entries of Wasting Assets in the Encyclopedia of Law Project

Browse or run a search for Wasting Assets in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Wasting Assets in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Wasting Assets in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Wasting Assets in the Legal Abbreviations and Acronyms Dictionary.

Related Legal Terms

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Concept of Wasting Assets in the context of Real Property

A short definition of Wasting Assets: Assets which, by use or lapse of time, are consumed or reduced in book value, irrespective of market fluctuation. Includes oil, minerals, patent rights, franchises for a fixed term, etc. Also called “diminishing assets”; “wasting property”.

Concept of Wasting Assets in the context of Real Property

A short definition of Wasting Assets: Assets which, by use or lapse of time, are consumed or reduced in book value, irrespective of market fluctuation. Includes oil, minerals, patent rights, franchises for a fixed term, etc. Also called “diminishing assets”; “wasting property”.


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