Dissipating
/ˈdɪsɪˌpeɪtɪŋ/
Definitions
- (v.) Present participle of dissipate, meaning to cause to disperse, scatter, or vanish, often regarding assets or effects diminishing in value or quantity.
The company is dissipating its assets rapidly, causing concern among creditors.
Forms
- dissipate
- dissipated
- dissipates
Related terms
See also
Commentary
Used primarily as a participial form of the verb 'dissipate'; no distinct substantive legal meaning apart from the base verb.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.