Series 66: Depletion

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Depletion...

the loss of value of a natural resource that comes in a fixed amount. The value decreases as the resource runs out. For instance, an oil well might be expected to have a fixed amount of oil in it that will experience depletion over a certain amount of time.

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Series 66: Depletion

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Depletion...

Since you're reading about Series 66: Depletion, you might also be interested in:

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