depletion

noun
de·​ple·​tion | \ di-ˈplē-shən How to pronounce depletion (audio) \

Legal Definition of depletion

: the reduction of the value of the assets of a company engaged in removing natural resources (as by mining) because of the decrease over time of the natural resources (as coal) available in or on the land being worked

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Dictionary Entries Near depletion

dependent relative revocation

depletion

deponent

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Cite this Entry

“Depletion.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/depletion. Accessed 19 Oct. 2021.

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