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LSDefine

Simple English definitions for legal terms

depletion

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A quick definition of depletion:

Depletion: When we use up a natural resource like oil, it is called depletion. This means that we are using it faster than it can be replaced. Companies that exploit these resources may get a tax deduction for the amount of depletion they cause. Depletion is like emptying a jar of cookies, once it's gone, it's gone.

A more thorough explanation:

Definition: Depletion is when a natural resource, like oil, is being used up. It is the process of emptying, exhausting, or wasting a finite resource.

For example, if a company is drilling for oil and they are using up all the oil in a particular area, that is depletion. The company may get a tax deduction for the amount of depletion because they won't be able to make money from the resource once it's gone.

Another example of depletion is when a forest is being cut down faster than it can grow back. This can lead to the depletion of the forest, which can have negative effects on the environment and the animals that live there.

Depletion is a serious issue because once a natural resource is gone, it's gone forever. It's important to use resources responsibly and find ways to conserve them for future generations.

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TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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