A wasting asset corporation is designed to exhaust the assets of the corporation.

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A wasting asset corporation is a corporation that is designed to gradually deplete its assets over time. This is usually done through a process of selling off assets or distributing profits to shareholders in the form of dividends. The goal of a wasting asset corporation is to maximize returns to shareholders in the short term, rather than preserving assets for the long term.

A Wasting Asset Corporation Is Designed to Exhaust the Assets