follow Dictionary.com

How do you spell Hannukah?

depletion allowance

noun
1.
a tax reduction allowed on income from exhaustible resources, as oil or timber.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Contemporary definitions for depletion-allowance
noun

a tax break given to a corporation when its normal business activities reduce the value of its assets

Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source
depletion-allowance in Culture

depletion allowance definition


A deduction from taxable income based on the eventual exhaustion or waste of a natural asset, such as an oil field.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source

Word of the Day

Difficulty index for depletion allowance

Few English speakers likely know this word

Word Value for depletion

12
15
Scrabble Words With Friends

Quotes with depletion-allowance