The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

DEPLETION ACCOUNTING Definition & Legal Meaning

Definition & Citations:

Charges on earning based on wasting a resource taken out or reserce. It can be reduced over the years to 0. It is not cash outlay in the books or funds earmarked.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.