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Define depleting. depleting synonyms, depleting pronunciation, depleting translation, English dictionary definition of depleting. tr.v. deÂ·pletÂ·ed , deÂ·pletÂ·ing , deÂ·pletes 1. To consume or reduce to a very low amount; use up: drought that depleted the stores of grain. 2.
Both depreciation and amortization (as well as depletion) are methods that are used to prorate the cost of a specific type of asset over the asset's life. It is important to mention that these methods are calculated by subtracting the asset's salvage value from its original cost. Amortization usually refers to spreading an intangible asset's cost over that asset's useful life. For example, a patent on a piece of medical equipment usually has a life of 17 years.