recovery period


recovery period
recovery period recovery period period

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recovery period UK US noun [S]
ECONOMICS the time during which an economy improves after a difficult period: »

The recovery period after any major economic collapse is often accompanied by a rise in nationalism.

ACCOUNTING, FINANCE, TAX the number of years allowed for you to get back the money that was spent on an asset by paying less tax: »

Taxpayers must wait until the year after the end of the recovery period to fully depreciate the property.

a 3-year/5-year/10-year, etc. recovery period »

A similar 15-year recovery period is allowed for improvements to restaurant property placed in service after October 22, 2004.

the recovery period for sth »

The recovery period for nonresidential real estate placed in service after May 12, 1993, has been increased to 39 years.


Financial and business terms. 2012.

Look at other dictionaries:

  • Cost Recovery Period — The number of years it takes to fully depreciate a capital asset. This time period is based on classification of the depreciable life of an asset. Bloomberg Financial Dictionary …   Financial and business terms

  • Период восстановления после бедствия/DISASTER RECOVERY PERIOD — период времени между бедствием и возвратом к нормальному функционированию …   Толковый словарь по информационному обществу и новой экономике

  • period — pe‧ri‧od [ˈpɪəriəd ǁ ˈpɪr ] noun [countable] a particular length of time: • She has been taken on for a 6 month trial period. acˈcounting ˌperiod ACCOUNTING a period of time to which a particular payment is related for accounting or tax purposes …   Financial and business terms

  • Recovery Property — A specific class of depreciable real estate. Recovery property describes tangible depreciable property placed in service between 1980 1987, and is eligible for Accelerated Cost Recovery System (ACRS) treatment. The ACRS election was allowed on a… …   Investment dictionary

  • recovery plan — Introduced by the Pensions Act 2004, the trustees of a salary related scheme that has a funding shortfall must agree a recovery plan with the scheme s principal employer. The recovery plan must aim to eliminate the deficit so that the scheme… …   Law dictionary

  • recovery — Rising prices following a decline. The CENTER ONLINE Futures Glossary The use of depreciation of assets to offset costs; or a new period of rising securities prices after a period of declining security values. Bloomberg Financial Dictionary * * * …   Financial and business terms

  • recovery — noun ADJECTIVE ▪ amazing, astonishing (BrE), dramatic, excellent, miraculous, remarkable ▪ Laura made a miraculous recovery. ▪ good …   Collocations dictionary

  • recovery — re|cov|er|y [ rı kʌvəri ] noun *** 1. ) singular or uncount the process of becoming fit and healthy again after an illness or injury: make a recovery: The doctors expect Josie to make a full and speedy recovery. recovery from: his recovery from… …   Usage of the words and phrases in modern English

  • recovery */*/*/ — UK [rɪˈkʌv(ə)rɪ] / US [rɪˈkʌvərɪ] noun 1) [singular/uncountable] the process of becoming fit and healthy again after an illness or injury make a recovery: The doctors expect Josie to make a full and speedy recovery. recovery from: his recovery… …   English dictionary

  • recovery — re|cov|er|y W3 [rıˈkʌvəri] n 1.) [singular, U] the process of getting better after an illness, injury etc make a full/good/remarkable etc recovery ▪ Doctors expect him to make a full recovery. recovery from ▪ Ann made a quick recovery from her… …   Dictionary of contemporary English