- depletion
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de·ple·tion /di-'plē-shən/ n: the reduction of the value of the assets of a company engaged in removing natural resources (as by mining) because of the decrease over time of the natural resources (as coal) available in or on the land being worked
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- depletion
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index
consumption, decrement, delinquency (shortage), insufficiency, poverty, waste, wear and tear
Burton's Legal Thesaurus. William C. Burton. 2006
- depletion
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n.In taxation, a principle that allows the owner of a natural resource such as oil or gas to recover the capital cost of the property as the resource is used up.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- depletion
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n. The act of drawing out in its entirety, or using up, money or of a nonrenewable resource such as oil.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- depletion
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n.when a natural resource (particularly oil) is being used up. The annual amount of depletion may, ironically, provide a tax deduction for the company exploiting the resource because if the resource they are exploiting runs out, they will no longer be able to make money from it.
Law dictionary. EdwART. 2013.