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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
 
 Related Terms
 

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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