Home > Terms > English, UK (UE) > Depletion

Depletion

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.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Law
  • Category: Contracts
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: People Category: Singers

One Pound Fish

The popular name OF the British-based Pakinstani singer Muhammad Shahid Nazir who originally composed the song 'One Pound Fish' as a promotional piece ...

Contributor

Featured blossaries

Harry Potter Series

Category: Literature   1 8 Terms

Surgical -Plasty Procedures

Category: Health   3 20 Terms

Browers Terms By Category