| InvestHub.com's Finance Dictionary and Glossary of Investment Terms wasting asset Definition 1.
An asset which has a limited life and therefore decreases in value over time, such as an option which is out of the money. | Definition 2.
An asset that has a limited life and thus decreases in value (depreciates) over time. Also applies to consumed assets, such as oil or gas, and termed "depletion." | Definition 3.
When a derivative security loses value due to time decay. |
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