Deleting an asset
Versioning is enabled in the DAM. This allows you to restore previous versions of an asset or folder.
To delete an asset or folder:
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Select an item. 
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Click Mark for deletion 
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Confirm your action in the dialog. This marks the asset/folder for deletion and creates a restorable version. The row is grayed out and the item is no longer available in chooser dialogs. 
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Click Delete permanently to complete the deletion. After deleting permanently, you can no longer restore the item.