wasting
A2CEFR level
25/100Rarity: fairly common
TechnicalRegister
Describing an asset with a predictable useful life of fifty years or less, treated specially for gains.
As a wasting asset, the vintage car fell outside the charge to capital gains tax altogether.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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