recoup

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recoup

To sell an asset at a price sufficient to recover the original outlay or to offset a previous loss.

References in periodicals archive ?

The authority recoups income from council tax, non-domestic rates, housing benefit overpayments and sundry debts.

Written-off taxes defended

"This is a topical question because no one transportation system on the ground recoups its investments.

The world's first hyperloop system could cost $40m per kilometre

By timing the realization of holding losses within two years of exercise, T recoups $230,774 more by amending and claiming a refund than by selling at a loss in a year when no carryback opportunity exists.