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  1. depletion allowance

    • IPA[dəˈplēSH(ə)n əˌlouəns]

    美式

    • n.
      a tax concession allowable to a company whose normal business activities (in particular oil extraction) reduce the value of its own assets.
    • noun: depletion allowance, plural noun: depletion allowances

    • 更多解釋
    • n.
      a tax concession allowable to a company whose normal business activities (in particular oil ...

    Oxford Dictionary