What is the definition of depletion? Like depreciating an asset or amortizing an intangible, depletion allocates the cost associated with using an asset, in this case the reduction of a natural resource or reserve. As the resources are used up, the company records an expense called depletion....
depletion(redirected from depletions)Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia. de·ple·tion (dĭ-plē′shən) n. 1. The act or process of depleting. 2. The state of being depleted; exhaustion. 3. The use or consumption of a resource, especially a natural ...
No patient will like it-- certainly not Peacock's, who have been used to depletion. Pass the wine." View in context The core objective of this research is to arrive at the optimal social extraction path on an investment project level reaching dynamic social optimality with resource depletion,...
Depletion The process by which the cost or other basis of a natural resource (for example, an oil and gas interest) is recovered upon extraction and sale of the resource. The two ways to determine the depletion allowance are the cost and percentage methods, both of which are defined elsewher...
One of the elements of LCA is impact assessment, which includes a characterization step in which the contributions of resource extraction and polluting emissions to impact categories such as resource depletion, global warming, and acidification are quantified and aggregated as far as possible. This ...
When you think about depletion, think about a resource being decreased. Depletion is usually not a good thing; we worry about the depletion of the ozone and the depletion of the soil.Have you ever run out of gas or money? Then you know what it's like to be in a state of depletion....
of "economic interest" formulated by the courts to ascertain the right to depletion allowances. Such economic interest, which signifies an investment interest in the minerals that furnish the sole resource for recouping the investment, is usually determined by the parties according to the provisions...
Depletion is an accrual accounting method used to allocate the cost of extracting natural resources such as timber, minerals, and oil from the earth. When the costs associated with natural resource extraction have been capitalized, the expenses are systematically allocated across different time periods...
capacity constrained resource capacity requirements planning Chartered Institute of Personnel and Development comparative advantage competitive advantage consortium cost depletion References in classic literature ? Councillor Mikulin was resourceful, and the task not very difficult. View in context 'Ha!' said ...
Electric field in depletion layer and band bending Both of these procedures are used to calculate the periodic value of the asset/resource in question. These approaches gradually lower the value of the corresponding resource or asset, depending on the business and its underutilized resources or asse...