Die Heuning Pot Literature Guide
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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Depletion Allowance

Definition:

When miners mine, they deplete the land of its minerals. At some point, those once lovin' minerals will be gone and we'll have to look elsewhere. We have to allow for that eventual demise from an accounting perspective.

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