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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 ?
Considering all recaptures of males and females over the three intervals of recaptures, 157 of 235 recaptures (66.
Black light (BLB Sylvania[R]) traps were used for adult recapture (Hunt et al.
We examined peak spawning season recaptures of fish tagged in Newport Bay during the non-spawning season to identify if and where Newport Bay residents migrate to spawn.
This repayment, or general recapture, ceases upon the death of the taxpayer (section 36(f)(4)(A)).
453(i)(1) was amended in 1984 to provide that all depreciation recapture income on an installment sale after June 6, 1984 has to be recognized in the year of sale, regardless of the payment (if any) received in that year.
Young-of-the-year and adult sheepshead minnows (22-59 mm TL) tagged during this study exhibited strong habitat fidelity during the summer and fall based on a paucity of recaptures outside of tagging habitats, despite extensive sampling with different types of gear, and the frequent recaptures of fish at the same sites at which they were tagged.
K] for the final day of recapture cannot be estimated separately, but the product [[Phi].
The observed recaptures for the Great Marsh were fitted to both models; the observed recaptures for Massachusetts were fitted only to the first, general model.
1245 recaptures $144,257 of the gain as ordinary income (total depreciation taken); the remaining $10,000 is Sec.
Recaptures were also grouped according to the ocean of recovery, using the Gulf of Mexico and Atlantic Ocean, as defined by the Supreme Court decision, United States v.