waste

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Related to wastefulness: prodigality, refuse to allow

Waste

In real estate, a change in a property's value caused by a lessee or another person who has possession but no ownership rights. Waste usually results in a reduction in the property value, for which the owner ordinarily is entitled compensation. Waste may be positive or negative; positive waste results from the possessor's act, while negative waste results from his/her omission. An example of the former is destroying the floor with a sledge hammer, while an example of the latter is neglecting a termite infestation for so long that the floor collapses.

waste

An abusive or destructive use of property by someone who is entitled to possession but who does not have complete ownership rights, such as a tenant, mortgage borrower, or a joint owner.Waste is more than normal wear and tear and implies neglect or misconduct. Contrast with trespass, which is damage by one who is not entitled to possession.There are three types of waste:

1. Voluntary waste (also called affirmative waste) is an intentional change to property resulting in damage to the property.

2. Permissive waste (also called negligent waste) is a failure to maintain property, so that it deteriorates in value.

3. Ameliorative waste occurs when the changes increase the value of the property. In some jurisdictions, a court will still award damages because the owner is entitled to have its property remain in the same condition, without being subjected to others' opinions regarding whether it was improved or not. Other jurisdictions refuse to allow damages, finding that the owner has been benefited by the actions.

References in periodicals archive ?
com/xi-jinping-debuts-no-fuss-official-visit-signs-reform-931035) efforts to scale back wastefulness, not only with food, (http://www.
The relationship with the ISI, the double-dealing, the attitude, and frankly wastefulness of resources towards India, the question of cooperation with respect to Afghanistan" were the issues over which Pakistan needed to change its attitude, the added.
The Sultanate came 24th on the global level in property rights, 25th on the global level in intellectual property rights, 18th at the world level in the diversion of public funds, 11th on the global level in public trust of politicians, 4th on the global level in wastefulness of government spending, 17th in favouritism, 8th in burden of government regulations, 16th efficiency of the judicial system, 20th in efficiency of the police system, 12th in quality of overall infrastructure, 10th in quality of roads and 19th in impact of customs.
The Sultanate came 24th on the global level in property rights, 25th on the global level in intellectual property rights, 18th on the world level in the diversion of public funds, 11th on the global level in public trust of politicians, 4th on the global level in wastefulness of government spending, 17th in favoritism, 8th in burden of government regulations, 16th efficiency of the judicial system, 20th in efficiency of the police system, 12th in quality of overall infrastructure, 10th in quality of roads and 19th in impact of customs.
On the whole, though, it is a recommended read that will make readers consider their own wastefulness of this precious resource.
But substitute Asamoah Gyan sealed a victory which took Sunderland to 30 points for the season with a third at the death to provide the perfect antidote to their wastefulness against the Seasiders in front of a crowd of 36,242.
30pm) Angela Hartnett, Richard Corrigan, Matt Tebbutt and Simon Rimmer prepare a banquet for 60 VIPs, using discarded food to highlight the nation's wastefulness.
Hassan blamed the strikers for their wastefulness in the friendly match," Zamalek said on their website.
The visitors eventually took advantage through Stephen Hunt's 75th-minute header, with Gary Caldwell's own-goal making it 2-0 three minutes later, and Martinez rued Wigan's wastefulness.
Perhaps we may not pay for our wastefulness, but our children will surely pay for it in the future.
The imbalance between countries, wastefulness and unlimited consumption as well as excessive greed all contributed to the global crisis, Erdogan said.
These research articles on recycling practices focus on continued wastefulness in developed countries and increased efforts to establish national mindsets and infrastructures for conservation.