Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “depreciation recovery”

depreciation recovery

noun [S or U]
(also recovery) ACCOUNTING, TAX, FINANCE
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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of depreciation recovery?
Add Cambridge dictionaries to your browser to your website

Word of the Day


like hops (= dried fruit used to make beer)

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More