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 ?
Ilonen had a minor scare on the 17th when he found rough to the side of the green but a superb recovery shot allowed him to remain on ten- under.
He said: "The recovery shot at 17 was interesting and it was a bonus to finish with a birdie on the 18th."
His mood was not improved when he bent the shaft of his nine iron, after hitting a tree playing a recovery shot in the opening round at Palm Beach Gardens, and was unable to replace the club mid-round, only to repair it.
The Northern Irishman had needed a left-hand recovery shot on the 18th on Thursday and saved par on the same hole yesterday - despite a penalty drop after driving into a bush - for a second 67.
"What I love about this course is the lack of rough allows you a recovery shot," he added.
This new New York subsidiary will market the company's KOMA UNWIND "Liquid Relaxation", the Relax 5 shots, Hangover Joes' (OTC markets:HJOE) Hangover Recovery Shot and the Cocaine Energy Drink & shots.
Ricky promptly pulled off a fine recovery shot from a bunker at the fifth and eventually signed for further rounds of 71 and 70 to win by one shot from Brancepeth Castle's Michael Curry.
Attempting a long recovery shot out of the sand to the green, he pulled it left into another lake.
"Sergio, your amazing recovery shot at the first hole today," the hack said.
But a spectacular three-iron recovery shot to within ten feet of the flag by Lima put the pressure back on the Englishman, who faced a 25-foot putt for the championship.
That was right on the projected cut mark and a daunting 11 shots off the lead, and Montgomerie will also face a tough recovery shot when play resumes today.
A ball over the top from Spurs defender Ben Thatcher then released Iversen who flicked it wide of the outrushing Crossley only to see his recovery shot cleared by Ugo Ehiogu.