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A provision in a contract that allows one party to recover (recapture) some degree of possession of an asset, such as a share of the profits derived from some property.


1. An agreement between a buyer and a seller whereby the seller is allowed to repurchase the good or other asset within a certain period of time.

2. See: Depreciation Recapture.


When you recapture assets, you regain them, usually because of the provisions of a contract or legal precedent.

When a contract is involved, you may be entitled to recapture a percentage of the revenues from something you produce in addition to being paid the cost of producing it.

For example, a hotel developer might be entitled to recapture a portion of the hotel's profits. Most of the time, recapture works in your favor, but depending on the situation, it can also mean a financial loss.

A negative form of recapture occurs when the government makes you repay tax benefits that you've profited from in the past. For example, say that your divorce settlement calls for you to pay $150,000 to your ex-spouse over three years. If you pay all the money in the first two years in order to qualify for a tax deduction, and pay nothing in the third year, the IRS may force you to recapture part of your deduction in the third year and pay taxes on it.

recapture (tax)

Same as depreciation recapture.


The inclusion of a previously deducted or excluded amount in gross income or tax liability. Recapture may be applicable to accelerated depreciation, cost recovery, amortization, and various credits.
References in periodicals archive ?
For recaptured fish with location coordinates, great circle distances from tagging to recapture location were calculated.
The British-based Syrian Observatory for Human Rights, which monitors the war, said later that government forces had also recaptured the Artillery College.
Instead, the CFC must establish a Subpart F income recapture account of $10, to be recaptured in later years when the CFC's current-year E&P is positive.
A small proportion of scallops recaptured in winter and summer were recovered dead, some with and some without soft tissue attached.
This may have been a favorable factor for the higher number of recaptured insects relative to the 2006/2007 growing season (wet), during which it rained almost every night, possibly affecting the flight of the moths.
To investigate the residence time of individuals at spawning grounds, we selected fish tagged at Huntington Flats during peak spawning season and recaptured at Huntington Flats within the same year.
A spokesman for the NATO forces Sabawoon Hutak said hundreds of forces were involved in the last night operation who attacked the district and after a brief resistance from the militants,they recaptured the district.
Accelerated Taxpayer sale of Credit is recaptured Recapture residence (or use if taxpayer sells or other than as a ceases to use the principal home as a principal residence) before residence within 36 the end of the months of purchase.
Assistant Chief Constable Francis Habgood, who is coordinating the operation, said: "We are already making progress and three of the outstanding detainees have been recaptured.
By the end of the 2-week study, the researchers had recaptured almost two-thirds of the beetles.
Fish were tagged, for the first time, using coded wire tags and recaptured from May 1998-March 1999 within a marsh pond (22-52 mm TL, n = 1,499) and intertidal creeks (18-56 mm TL, n=1,527) to further determine movements and growth for this species.