MLchartDataset catalogue

Depletion

Term · Industrial and trades · MLC-T-IND-001660

The reduction in the quantity of a natural resource, such as minerals, oil, or gas, due to extraction over time. This accounting concept reflects the consumption of a non-renewable asset. Depletion is calculated for tax and financial reporting purposes, similar to depreciation for manufactured assets.

Table 1. Record
IdentifierMLC-T-IND-001660
FieldIndustrial and trades
SubjectMining and extraction
TranslationsGerman: Erschöpfung; Spanish: agotamiento; French: épuisement
Record as JSON 
{
  "id": "MLC-T-IND-001660",
  "term": "Depletion",
  "field": "Industrial and trades",
  "definition": "The reduction in the quantity of a natural resource, such as minerals, oil, or gas, due to extraction over time. This accounting concept reflects the consumption of a non-renewable asset. Depletion is calculated for tax and financial reporting purposes, similar to depreciation for manufactured assets.",
  "subject": "Mining and extraction",
  "translations": {
    "de": "Erschöpfung",
    "es": "agotamiento",
    "fr": "épuisement"
  },
  "url": "https://mlchart.com/terminology/industrial/depletion/"
}

Record 1,827 of 7,311 in Industrial and trades terminology (MLC-0113). Request the full dataset.