depreciation recovery
noun [S or U] (also recovery) ACCOUNTING, TAX, FINANCEDefinition
› the process of paying for an asset's depreciation (= gradual loss in value over time) by paying less tax on them for a period of years: For these assets, you can use 3-, 5-, or 10-year depreciation recovery periods. the recovery of the cost of long-lived assets
(Definition of depreciation recovery noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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