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Definition: Depletion of natural economic assets

SNA 1993

The depletion of natural economic assets is the reduction in the value of deposits of subsoil assets as a result of their physical removal, the depletion of water resources, and the depletion of natural forests, fish stocks in the open seas and other non-cultivated biological resources as a result of harvesting, forest clearance, or other use.
United Nations, "System of National Accounts (SNA) 1993", § 12.29 and 12.30, United Nations, New York, 1993