Examlex
The lawful exercise of the police power with respect to property includes nuisance.
Amortization
The process of gradually writing off the initial cost of an intangible asset over a period of time.
Legal Life
The duration for which a legal entity, patent, copyright, or other legal protection is valid or enforceable.
Depletion Expense
The allocation of the cost of natural resources over their productive life, typically used in industries like mining and forestry.
Drilling Rights
Legal permissions granted to an individual or company to explore and extract minerals, oil, or gas from the land.
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