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Shrinking Asset
(redirected from Shrinking Assets)

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Shrinking Asset
1. An asset that depreciates. For example, an automobile is a shrinking asset because it loses value over time due to its limited useful life. Shrinking assets are important in taxation: one pays less in taxes on an asset the more it depreciates. See also: Absolute physical life.

2. An asset that is consumed. These shrinking assets are usually commodities; for example, a trucking company may buy a large amount of gasoline, which could theoretically be resold or liquidated, but is in fact used in the operation of the trucking company.

shrinking asset


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The industry has been shrinking assets between June 2009 and June 2010," said Ajit Engineer, Chief Executive Officer of Muscat Finance Company (MFC).
The difficult economy and the shrinking assets brought home that message loud and clear.
Bonds added he didn't want to reach the ratio by shrinking assets or building retained earnings at the expense of members.
 
 
 
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