recovery


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Recovery

The use of depreciation of assets to offset costs; or a new period of rising securities prices after a period of declining security values.

Recovery

1. Rising stock prices or GDP growth following a recession or period of declining growth. See also: Business cycle.

2. The use of depreciation or other deductions or tax credits to receive a refund for what one pays in taxes in a given year. Recovery must sometimes (though not always) be reported as taxable income for the next year.

recovery

1. The rising price of an asset. For example, following an extended decline in the price of precious metals, investor expectations of future inflation may generate recoveries in gold and silver prices.
2. Increased economic activity during a business cycle, resulting in growth in the gross domestic product.

recovery

see BUSINESS CYCLE.

recovery

a phase of the BUSINESS CYCLE characterized by an upturn in the level of economic activity (ACTUAL GROSS NATIONAL PRODUCT). Real output and investment increase and UNEMPLOYMENT falls. A recovery in economic activity is usually dependent on there being an increase in AGGREGATE DEMAND, which may come about autonomously or be induced by expansionary FISCAL POLICY and MONETARY POLICY. See also DEMAND MANAGEMENT.

Recovery

The amount of a deduction or creditable expense paid in a previous year that is later refunded to the taxpayer. The recovered amount must usually be included in income in the year it is received, to the extent of the previous tax benefit.
References in classic literature ?
In the hope of his recovery, and of resort to this third course being thereby rendered practicable, Mr.
I was solemnly interdicted by her, on her recovery, from touching my brother any more on any pretence whatever; and my poor mother, who, I could see, wished otherwise, meekly confirmed the interdict, by saying: 'No doubt you are right, my dear Jane.
This guileless confectioner was not by any means sober, and had a black eye in the green stage of recovery, which was painted over.
The old man, contrary to expectation, seemed to be on the way to recovery, when one night Silas, sitting up by his bedside, observed that his usual audible breathing had ceased.
This reverend brother has been all his life engaged in fighting among the Saracens for the recovery of the Holy Sepulchre; he is of the order of Knights Templars, whom you may have heard of; he is half a monk, half a soldier.
The reader may please to observe, that, in the last article of the recovery of my liberty, the emperor stipulates to allow me a quantity of meat and drink sufficient for the support of 1724 Lilliputians.
A smile of happiness appeared upon her bloodless lips, a smile like that of sick people when they receive the first hope of recovery.
Sancho entered, and the curate and the barber took their leave of Don Quixote, of whose recovery they despaired when they saw how wedded he was to his crazy ideas, and how saturated with the nonsense of his unlucky chivalry; and said the curate to the barber, "You will see, gossip, that when we are least thinking of it, our gentleman will be off once more for another flight.
Advocating therefore a VIA MEDIA, I would lay down no fixed or absolute line of demarcation; but at the period when the frame is just beginning to set, and when the Medical Board has reported that recovery is improbable, I would suggest that the Irregular offspring be painlessly and mercifully consumed.
IN the early morning (it was the second morning after my recovery, and I believe the fourth after I was picked up), I awoke through an avenue of tumultuous dreams,--dreams of guns and howling mobs,--and became sensible of a hoarse shouting above me.
They made no halt until they reached the encampment of the Pends Oreilles, or Hanging-ears, where they offered a reward for the recovery of the body, but without success; it never could be found.
When he learned, however, the amount of rich furs that had been passed into the hands of the Northwesters, he was outrageous, and insisted that an inventory should be taken of all the property purchased of the Americans, "with a view to ulterior measures in England, for the recovery of the value from the Northwest Company.