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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 ?
Of the 191 birds banded in NW Lake Superior and recaptured anywhere, 53% (n = 102) were recaptured in Duluth MN (Table 2).
If, however, the built-in gain in the branch assets were only $5 million, then the built-in gain of $5 million would be fully recaptured as the OFL recapture.
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.
presumed spawning grounds) we considered fish that were only tagged during peak spawning season and recaptured during subsequent peak spawning seasons.
Retrofitting is a win-win situation for fleet managers trying to manage ever-shrinking budgets," said Sam Jones, president of Recaptured Energy Technologies.
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.
To confirm the migratory status of striped bass tagged in Massachusetts, the location where tagged fish were recaptured in late fall, winter, or early spring was compared to the release location.
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.
Twenty-six men fled the Camps-field House Immigration Detention Centre in Oxfordshire during disturbances on Saturday, but police recaptured 12 at the weekend.
One was recaptured hours later in a Valencia neighborhood, the other remains at large.
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.