What is another word for depletion allowance?

Pronunciation: [dɪplˈiːʃən ɐlˈa͡ʊəns] (IPA)

Depletion allowance is a term commonly used in the world of finance to refer to the tax deduction allowed for natural resource companies in recognition of the depletion of their non-renewable resources. However, there are a variety of synonyms or alternate phrases that can be used to convey the same meaning. Some of these include depletion deduction, depletion credit, depletion write-off, resource depletion allowance, oil depletion allowance, mineral depletion allowance, and timber depletion allowance. These alternate phrases are all used to describe the tax benefits that natural resource companies can receive for the depletion of their assets, and are often interchangeable in their usage depending on the specific context of the discussion.

What are the hypernyms for Depletion allowance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    fiscal policy, tax incentive, fiscal incentive, fiscal measure, taxation incentive.

Famous quotes with Depletion allowance

  • New York is one of the capitals of the world and Los Angeles is a constellation of plastic, San Francisco is a lady, Boston has become Urban Renewal, Philadelphia and Baltimore and Washington wink like dull diamonds in the smog of Eastern Megalopolis, and New Orleans is unremarkable past the French Quarter. Detroit is a one-trade town, Pittsburgh has lost its golden triangle, St Louis has become the golden arch of the corporation, and nights in Kansas City close early. The oil depletion allowance makes Houston and Dallas naught but checkerboards for this sort of game. But Chicago is a great American city. Perhaps it is the last of the great American cities.
    Norman Mailer

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