depletion allowances

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Definition of depletion allowances in English English dictionary

depletion allowance
In tax law, the deductions from gross income allowed investors in exhaustible commodities (such as minerals, oil, or gas) for the depletion of the deposits. The depletion allowance is intended as an incentive to stimulate investment in this high-risk industry, though critics argue that mineral deposits are valuable enough to justify high levels of investment even without tax incentives. See also depreciation
depletion allowances

    Hyphenation

    de·ple·tion allowances

    Turkish pronunciation

    dîplişın ılauınsîz

    Pronunciation

    /dəˈplēsʜən əˈlouənsəz/ /dɪˈpliːʃən əˈlaʊənsɪz/
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