Words / D / Business

depletion

noun/dɪˈpliːʃən/

B2CEFR level
40/100Rarity: uncommon
TechnicalRegister

The allocation of the cost of extracting a natural resource over the period during which it is extracted.

The mining company records depletion in proportion to the tonnes of ore removed each year.

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting