Depletion

See also

An exhaustion or gradual reduction of an asset. Depletion in the federal… (Read more)

United States Tax Concept of Depletion

A deduction claimed for the use of timber or mineral resources, including oil and gas, because the resources are being depleted over time.

Concept of Depletion in the context of Real Property

A short definition of Depletion: The reduction or exhaustion of an asset, such as a wasting asset, and its corresponding loss of value.

Concept of Depletion in the context of Real Property

A short definition of Depletion: The reduction or exhaustion of an asset, such as a wasting asset, and its corresponding loss of value.