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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 ?
Contrasting NE Lake Ontario and SW Ontario, 11 % (n = 13) of the recaptures from birds banded in NE Lake Ontario were recaptured in SW Ontario after migrating primarily to the southwest while only 2% (n = 3) of the birds banded in SW Ontario were recaptured in NE Lake Ontario after migrating primarily to the northeast.
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.
2) To assess whether recaptures in Massachusetts mirrored general trends in fishing effort, the calendar dates when striped bass were recaptured in the Great Marsh and Massachusetts were compared to the timing of fishing effort.
This repayment, or general recapture, ceases upon the death of the taxpayer (section 36(f)(4)(A)).
The depreciation recapture provisions are complicated and pervasive, significantly affecting the tax on many sales, exchanges and other dispositions.
Further, our tag/recapture studies indicated both YOY and adult fish demonstrated a high degree of site fidelity to specific habitats and this restored marsh as indicated by infrequent recaptures away from tagging sites (see below).
The CSTP, between 1962 and 1993, has resulted in 106,449 tagged sharks of 33 species and 4,598 recaptures of 29 species.
1998) found that young Wilson's Warblers (Cardellina pusilla) had lower fat scores, higher recapture rates, and higher rates of mass gain than adults during autumn migration at an inland site in New Mexico.
9 %) and largest number of recaptures (802) were fish captured with gillnets.
In the case of multiple recaptures, the size increment used (length, perimeter, weight and tag position) was derived from initial size and last recapture.