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cost depletion allowance

См. также в других словарях:

  • Depletion allowance —   A term for either (1) a periodic assignment to expense of recorded amounts or (2) an allowable income tax deduction that is related to the exhaustion of mineral reserves. Depletion is included as one of the elements of amortization. When used… …   Energy terms

  • depletion — An emptying, exhausting or wasting of assets. A reduction during taxable year of oil, gas or other mineral deposits or reserves (i.e., wasting assets) as a result of production. The process by which the cost or other basis of a natural resource… …   Black's law dictionary

  • depletion — An emptying, exhausting or wasting of assets. A reduction during taxable year of oil, gas or other mineral deposits or reserves (i.e., wasting assets) as a result of production. The process by which the cost or other basis of a natural resource… …   Black's law dictionary

  • allowance — n. taking into account 1) to make (an) allowance for (to make allowance/an allowance for inexperience; to make allowances for wear and tear) sum granted 2) to grant an allowance 3) a cost of living; depletion; trade in allowance 4) a daily;… …   Combinatory dictionary

  • Chronology of world oil market events (1970-2005) — Basic OverviewThe 1970s See: 1970 1979 world oil market chronology 1970*January 1: U.S. Federal oil depletion allowance reduced from 27.5 to 22.0 percent. *May 3: TAP line from Saudi Arabia to the Mediterranean interrupted in Syria, creating all… …   Wikipedia

  • 1970-1979 world oil market chronology — 1970= *January 1: U.S. Federal oil depletion allowance reduced from 27.5 to 22.0 percent. *May 3: TAP line from Saudi Arabia to the Mediterranean interrupted in Syria, creating all time tanker rate highs from June to December. *September 4:… …   Wikipedia

  • Chronology of world oil market events (1970–2005) — Contents 1 Basic overview 2 The 1970s 2.1 1970 2.2 1971 …   Wikipedia

  • depreciation — /di pree shee ay sheuhn/, n. 1. decrease in value due to wear and tear, decay, decline in price, etc. 2. such a decrease as allowed in computing the value of property for tax purposes. 3. a decrease in the purchasing or exchange value of money. 4 …   Universalium

  • Joe Shell — place of death= Bakersfield, Kern County, California |residence=Bakersfield, California occupation=Oil and gas producer Lobbyist spouse= (1) Barbara Morton Shell (married 1940, divorced 1968, died 1995)(2) Mary Katherine Jaynes Shell (born 1927,… …   Wikipedia

  • amortization — /am euhr teuh zay sheuhn, euh mawr /, n. 1. an act or instance of amortizing a debt or other obligation. 2. the sums devoted to this purpose. Also, amortizement. [1665 75; < ML a(d)mortization (s. of admortizatio). See AMORTIZE, ATION] * * * In… …   Universalium

  • William J. Green, III — William J. Green, III, (born June 24, 1938), the son of U.S. Representative William J. Green, Jr., was elected at the minimum age permitted, twenty five, to the United States House of Representatives in a special election in April 1964, called… …   Wikipedia

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