单词 | Wasting asset |
释义 | 消耗性資產 Property with only a transitory or limited existence such as leaseholds or tenancies. In succession law, a trustee has a duty to realise any assets of the deceased estate that are wasting and seek to invest the proceeds in safe investments: Howe v Lord Dartmouth (1802) 7 Ves 117. 僅具有暫時或有限存在的財產,如租賃權益或租賃。繼承法規定,受託人有責任變現日益減少的不動產的任何資產,並伺機將變現所得用於安全投資:Howe v Lord Dartmouth (1802) 7 Ves 117。 |
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