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.
