From Longman Dictionary of Contemporary Englishwasting assetwasting assettechnical a property, business etc that is losing money The airline is a wasting asset. → wastingFrom Longman Business Dictionarywasting assetˈwasting ˌasset [countable]ACCOUNTINGFINANCE an asset, such as property or a business, that is losing money over timeIt’s been quite clear for some time that the airline is a wasting asset. → asset
