Recapture

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Recapture

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.

Recapture

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.

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.

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 ?
Recaptures were grouped into the geographical location of recovery, taking into account the present management strategy.
Orbesen (8) synthesized cooperative tagging information collected from the NOAA Southeast Fisheries Science Center, information that included 1510 tagged cobia and 148 recaptures over 58 years.
Target species were tagged or recorded as a recapture if a tag was already present.
When the data were collapsed into short versus long moves, there was no significant difference between the sexes regardless of whether the time between recaptures was <30 days (Pearson's [chi square] = 0.433, df = 1, P = 0.51), was >30 days but within a year (Pearson's [chi square] = 0.687, df = 1, P = 0.41), or occurred in succeeding years (Pearson's [chi square] = 1.818, df = 1, P = 0.18; Table 1).
Pesticides were not applied 1 week prior to the release or during the recapture period.
The few recaptures not displaying site fidelity may have reflected individual variability in the timing of spawning-related movements, movement among aggregation sites, or a degree of annual reassessment.
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.
The recapture of this inconnu, which had been at large for 376 days, extends the known migration distance of Mackenzie River system inconnu to almost 1800 km.
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.
The marked increase in recaptures after 2008 of fish initially tagged in depth zone 3 (Fig.
In the case of multiple recaptures, the size increment used (length, perimeter, weight and tag position) was derived from initial size and last recapture.