recovery

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Recovery

The use of depreciation of assets to offset costs; or a new period of rising securities prices after a period of declining security values.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Recovery

1. Rising stock prices or GDP growth following a recession or period of declining growth. See also: Business cycle.

2. The use of depreciation or other deductions or tax credits to receive a refund for what one pays in taxes in a given year. Recovery must sometimes (though not always) be reported as taxable income for the next year.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

recovery

1. The rising price of an asset. For example, following an extended decline in the price of precious metals, investor expectations of future inflation may generate recoveries in gold and silver prices.
2. Increased economic activity during a business cycle, resulting in growth in the gross domestic product.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

recovery

see BUSINESS CYCLE.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

recovery

a phase of the BUSINESS CYCLE characterized by an upturn in the level of economic activity (ACTUAL GROSS NATIONAL PRODUCT). Real output and investment increase and UNEMPLOYMENT falls. A recovery in economic activity is usually dependent on there being an increase in AGGREGATE DEMAND, which may come about autonomously or be induced by expansionary FISCAL POLICY and MONETARY POLICY. See also DEMAND MANAGEMENT.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

Recovery

The amount of a deduction or creditable expense paid in a previous year that is later refunded to the taxpayer. The recovered amount must usually be included in income in the year it is received, to the extent of the previous tax benefit.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
References in periodicals archive ?
(14) The taxpayers were permitted to deduct only the recovered fees as a miscellaneous itemized deduction, subject to the 2%-of-AGI floor and complete disallowance for AMT purposes.
Kenseth: The Tax Court held in Kenseth (15) that contingent attorneys' fees recovered by a plaintiff in an opt-in class action were includible in gross income, notwithstanding the fact that recovering class members had very little control over disbursement of the settlement funds.
Not surprisingly, the IRS contended that the attorneys' fees recovered by the plaintiff class members were includible in their gross income, and the Tax Court agreed.
The plant cost $7.2 million and can recover 22 million lb/yr of PVC at a cost of about 13[cts.]/lb, Solvay says.
The plant is to be running by 2004 to recover PVC and PET fiber from PVC-coated tarpaulins used for tents, truck covers, and outdoor banners.
A new plant to recover nylon from post-consumer carpet also uses centrifugal technology In April, Polyamid 2000 AG in Premnitz, Germany, installed a system of 12 Censor centrifuges from Baker Process (formerly Bird Machine Co.) in the U.S.
The hard day/easy day training pattern follows from the physiological principle of stimulus and response-hard training provides a stimulus for your body to improve, but rest is then needed to allow your body to recover and adapt to that higher level.
Another hard workout before your muscles have recovered is not likely to be very productive.
The file should begin with the description of the recovered firearm.
After a period of review, a profile emerges of the most frequently recovered firearms in an area.
Several European recyclers are also working on systems to allow auto dismantlers and shredders to recover plastics from ASR.
This goes into a proprietary float/sink separation stage with "heavy media" (a fluid heavier than water) to recover filled and unfilled PP.